Land purchased by Ikea on Glover Street. In this photo, the plot here is shown on the left looking north with Glover Road on the right.

  • Land purchased by Ikea on Glover Street.  In this photo, the plot here is shown on the left looking north with Glover Road on the right.
  • Ikea has purchased  million worth of land in Hamilton.

Property records show that Ikea Properties Limited acquired 212 Glover Rd. From Paletta International Corporation on July 18

Ikea has purchased $82 million worth of land in Hamilton.

Property records show that a famous turnkey furniture company from Sweden has purchased 65 acres of land in Glanbrook.

Ikea was transferred on July 18, and it acquired the multi-million dollar property at 212 Glover Road, near Twenty Road East, from Palletta International.

Ikea Canada confirmed the news with The Spectator in an email response Thursday.

The Canada division of the multinational said the “future assets of the land” purchased in the Hamilton area would be used “for implementations”.

“We are in the early stages of this process to determine how IKEA will use this purchase to meet our business needs,” said IKEA Canada spokeswoman Lisa Hoy.

The newly purchased area is minutes away from the newly established Amazon Center on Aeropark Boulevard.

Norm Shelehan, Hamilton’s director of economic development, said the city was “aware of Ikea’s interest in Hamilton and had an initial discussion about the overall development process.”

He told The Spectator that Red Hill Business Park provides a “strategic location for businesses looking to take advantage of highway access to both 403 and QEW, and a large gathering area for workers.”

Last year, Schleihan said: “The business park saw significant investment from Corbec, Continental Tire, and Sierra Supply Chain Solutions — which opened a new, $65 million expanded facility on August 3.”

Currently, the closest Ikea store available to the Hamiltonians is on Plains Road East in Burlington.

In 2013, the Burlington City Council approved a rezoning to allow the company to move forward with its plans to more than double the size of its property by relocating to a 10-hectare site on North Service Road and Walkers Line, where they expected to attract more than 1.5 million visitors annually.

But Ikea abandoned that plan in early 2014 due to “countless issues” and stuck to its current position.

The Burlington site has been located on Plains Road since 1991.

Huie said the company is accelerating “the transformation of the business to become accessible, affordable and sustainable,” ensuring a “smooth, multi-channel shopping experience” for its customers.

In 2017, Marsha Smith, former president of IKEA Canada, said the company’s Canadian operations, headquartered in Burlington, planned to double its presence and expand to 24 locations by 2025.

There are currently 15 Ikea stores across Canada, including the newest addition in downtown Toronto. According to its website, the company also has more than 25 “receipt sites,” including in Kitchener, London and St. Catharines, where shoppers can collect their orders online. It also has a few “design studios” where people can meet Ikea planners to get quotes and order products.

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