IKEA announces its 3rd store in the Phoenix area at former Hobby Lobby store south of RED’s PV Mall redevelopment

5/7/2025

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AZCentral

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• Subcategory: Retail: Shopping

• Tag: Expansion | Lease

• Additional Filters-Subcategory: Retail: Flooring-Home Décor-Furniture Showroom

• Company: IKEA

Key Points:
IKEA will open a small-format store in Phoenix in early 2026 near the former Paradise Valley Mall.
The 75,000-square-foot store will be located in the Village Square II shopping center.
This will be the third IKEA in Arizona, joining a full-size store in Tempe and a recently opened small-format store in Scottsdale.