ST. LOUIS - The Swedish retailer officially broke ground on the Midtown project Tuesday morning.
The store will be located near the intersection of Vandeventer Avenue and Duncan Avenue. It will take up 21 acres of land.
"This is exactly what we want here in St. Louis," said St. Louis Mayor Francis Slay.
It estimated that it will also create $250 million dollars in new taxes and create 300 jobs.
"We definitely will generate significant sales which results in significant sales tax revenue for the City of St. Louis," IKEA Public Affairs Director Joseph Roth.
The city added some of that money will go to the state and area parks, transit and schools too.
The 380,000 square foot store will be the seventh IKEA to be built in the Midwest. IKEA's newest location is expected to open in fall 2015.
The store will have thousands of furniture selections, a supervised children's play area and a 450-seat restaurant that will serve Swedish specialties like meatballs.
If you're interested in finding out more information about IKEA jobs, you can check out the company website.