I'm not sure there is a faster way to do this, but I would do it like this (2 ways):
create the project root in svn using some other method (for example, a tool like TortoiseSVN) and check it in IntelliJ via VCS Checkout from Version Control
create a new intellij project (use the appropriate format, for example, the Maven module), and check it through VCS β Import into Version Control
Now that you have asked this question, I understand that this is a somewhat βawkward" two-step process in a very usable IDE.
And you can spoil it sometimes by selecting or importing from / to the wrong point (ever ending c:\myproject\trunk\trunk ?)
There is every chance that I missed something, but otherwise I think that creating a new project in the VCS Wizard will be a great request for JetBrains users!
So thanks for asking the question, supported.
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