What does 1 Chronicles 27:31 mean?

David stood up and said, Listen to me, my brothers and my people. I wanted to build a house where God’s presence would rest, a place for the sacred chest of the Lord, our footstool. I made plans to build it. 1 Chronicles 27:31 - Modern Text Bible

(David addresses the assembly, sharing his deep desire to build a temple for God, a place for the Ark and God’s presence.)