Vermillion Welcomes Marketplace Development, LLC

Vermillion Welcomes Marketplace Development, LLC
J. Wise Smith, of Marketplace Development, LLC in Memphis, Tennessee, is pleased to announce that construction of a new retail center is underway. The new facility will be located at the corners of Princeton and Bower Streets in Vermillion, South Dakota.

The center will be approximately 30,000 square feet, and will house various tenants involved in the retail and service industries. Construction on the facility began in early October and is expected to be completed in the Spring of 2008.

"We are very excited to be a part of the Vermillion community and have been very impressed with the progressive thinking and leadership of the City of Vermillion, the Vermillion Chamber of Commerce & Development Company, and other business and community leaders. We are hoping to fulfill retail and service needs that exist to help growth and development in the area. We are anxious to become a part of the business community in Vermillion." said J. Wise Smith.


Marketplace Development, LLC, has a lifetime of experience in building retail centers as the core focus of their business. Their developments serve as foundations of positive growth for communities and local economies.

The Lerner Company of Omaha, NE is handling leasing for the Vermillion retail center. For more information on leasing, contact Dennis Thaemert at 402-880-4007.

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