ST. LOUIS (KSDK) – IKEA officials confirm that the Swedish furniture giant will announce plans for a local store Wednesday morning.

The proposed IKEA would be the first in Missouri and one of only 38 IKEA stores in the U.S. A Kansas City-area IKEA is slated to open in Fall 2014 in Merriam, Kansas.

Additional details about the exact location, store's size and timing will be announced at the press conference.

Two sources have confirmed to Five on Your Side that IKEA picked a site at Cortex Innovation Community, near the corner of Forest Park and Vandeventer.

NewsChannel 5 will provide updates about the store after the news conference.