A 26-year-old Destin store is on its way to the Mid-South.
Magnolia House Lifestyle Store is set to move from Destin, Florida, to 2,800 square feet in Southaven's Silo Square development next summer, owner Nancy Veldman said Wednesday.
"My two daughters live [in DeSoto County], and they were telling me about [Silo Square]," said Veldman, 68, who is also making the move. "I thought it was a perfect fit to open my store and have fun with my kids."
Silo Square broke ground in April and plans to eventually include 300 single-family homes, 130 high-end apartments, two hotels and about 400,000 square feet of retail and office space.
Construction on this 22,000-square-foot building is set to start in December.
Developer Brian Hill told the Memphis Business Journal he is "ecstatic" about having Veldman as a tenant.
"[You have to] meet this woman," Hill said. "She’s a concert pianist, and inside her store there’s a grand piano. … I went to her house to get the lease done. She played 'Amazing Grace,' and I was just awestruck. … She is a special woman, and the store is going to be out of this world."
Along with being a pianist and a composer, Veldman — a Memphis native who went to East High School and the University of Memphis — writes novels and paints with watercolors. She plans to put a fireplace in the Southaven store to make it an inviting place to read, listen to music and spend an abundance of time.
"The music and the atmosphere more than anything else set it apart," Veldman said. "There are a lot of nice stores you can go to, but … I’ve heard over and over again that when people come in my store, they don’t want to leave."
The boutique is the third retail tenant to sign up for the massive development but the first for the town-square portion — as the other two are destined for out-parcels.
Hill said 90 percent of the development's dirt-work is complete and that he hopes to have the first two town square buildings, pictured above, ready in time for Veldman to open next summer.
Multiple other retail bays will be filled soon, Hill said, and he's hoping to land at least a few more boutiques.
Loeb Realty Group’s Barry Maynard and Frank Dyer III negotiated the Magnolia House lease on Hill's behalf and are the listing agents for the development's remaining commercial space. UrbanArch Associates is designing the first two town square buildings.