It will open its doors on Aug. 23.
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The store is on Market and 5th Streets near the Powell Street BART station.
RELATED: IKEA to open store in downtown San Francisco this month, defying retail exodus
The store's opening comes amid a flurry of retailers leaving Downtown San Francisco.
Mayor London Breed posted on social media: "The arrival of IKEA is great news for the City's economic recovery that will bring local jobs and excitement to the Union Square area."
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IKEA also has locations in Emeryville and East Palo Alto.