NORFOLK, Va. (WVEC) -- IKEA is one step closer to becoming a shopping destination in Hampton Roads.

The Swedish home furnishing giant said Thursday that a groundbreaking date has been set for its long-planned location in Norfolk: Friday, November 17 at 9:30 a.m.

Norfolk Mayor Kenny Alexander and Virginia Governor Terry McAuliffe are both expected to be in attendance with shovels in-hand to officially kick off the store's construction.

IKEA had originally hoped to have their new 338,000 square-foot location open by next summer, but last month announced the grand opening had been pushed back to Spring of 2019.

The company ran into unexpected developmental costs a few months after they announced coming to Norfolk. Being built right next to the Lake Wright reservoir, IKEA needs to build a parking facility and evaluate the site for underground stormwater retention.

IKEA is expected to spend about $75 million on the Norfolk project. IKEA has said the store is expected to support about 500 construction jobs, with 250 jobs in the store once it opens.

Currently, IKEA's only other store in the state is in northern Virginia.