Business leaders say there's no truth to the news that Target is opening a new location near St. Louis' long-awaited IKEA store, but the bloggers who broke the story say they're sticking to it.
Target The CityTarget store in Seattle, Washington.
NextSTL, the urban-affairs blog that originally broke the news IKEA was coming to St. Louis, reports that Target has signed a letter of intent to build a CityTarget in the Cortex technology and innovation district, near where IKEA is under construction. There are only eight CityTargets (like a slimmed-down, Walgreens-style Target) in the country.
"The St. Louis CityTarget will be located at the northwest corner of Forest Park and Vandeventer avenues in midtown," Geoff Whittington reports for nextSTL. "This is directly across the street from the new 380,000 square foot Ikea currently under construction."
The CityTarget wouldn't sell large furniture, like its neighbor IKEA, and construction starts in 2016, Whittington reports.
But Cortex says the news about Target is bunk.More »