LandProp, the company with ownership of IKEA's intellectual property, announced the development of a two million square foot London property with over 1,200 homes, commercial space and shared community space. Taking cues from IKEA fundamentals, LandProp says "We want to make developments which are done for families, that have good design and good quality, but also a certain simplicity." In other news, Martha Stewart's revenue earnings are up at Macy's and Home Depot, and plans for the third part of New York City's Highline park are a go!

Check out the headlines after the jump.

• A London Village Built On The Principles Of Ikea | Fast Company
• Martha Stewart merchandising revenues up 29% at Macy's & Home Depot in 3rd quarter | Home Accents Today
• High Line Part 3 is Officially A Go | Architizer