The Ikea home furnishing chain announced, Tuesday, that it will build its third store in Israel as part of a commercial center next to the Kiryat Ata Junction.

The 24,000 square meter suburban Haifa location is expected to open in 2014. Director-General Ron Hadasi of Ikea Israel said the chain's original Israeli store in Netanya, which is being renovated following a fire, should re-open in March. The other store is located in Rishon Letzion.