MIDTOWN, Manhattan (PIX11) – A new version of IKEA is coming to Midtown's Fifth Avenue after its parent company, Ingka, invested in a retail tower, it was announced on Monday.
The tower will be built at 570 Fifth Ave. in partnership with mega city developer Extell. The project is a one-million-square-foot mixed-use building that will offer an IKEA customer "meeting point" – a new concept that offers tailored support for customers making larger and more complex purchases.
The building is slated to open for commercial tenants sometime in 2028.
Erin Pflaumer is a digital content producer from Long Island who has covered both local and national news since 2018. She joined PIX11 in 2023. See more of her work here.
