IKEA wanted to build a furniture store on 10-acres situated along Highway 101. The city rejected the idea last month when four city council members deadlocked on the issue. Later, city attorneys said that the issue would have to be revisited as the council had not followed proper voting procedures.
Only three members voted at this week's meeting. Councilwoman Myrtle Walker disqualified herself because of financial interest in the property. One member still voted no, however, throwing the project back into the garbage bin. Councilwoman Donna Rutherford says she was against the project because of its size -- 75-feet tall and totaling 230,000-sf.
Community members at the meeting were divided between those who wanted the $1.8 million in sales tax revenue and some 500 jobs the store would bring, and those who fear it would bring too much traffic congestion.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
