Stein Mart is set to open prior to Thanksgiving.
Stein Mart is set to open prior to Thanksgiving.

The new Stein Mart store being built in Lady Lake Crossing shopping plaza appears on track to open prior to Thanksgiving.

The store will be part of a new 52,000-square-foot retail development behind McDonalds and Tire Kingdom on U.S. Hwy. 27/441 in Lady Lake.

Stein Mart will occupy 32,000-square-feet of the development.

Stein Mart is an upscale, boutique-style men and women’s department store chain based in Jacksonville. The company reported a profit of $25.6 million in 2013 with operation of 260 stores  in 29 states.

ULTA Beauty will also be locating a store in the new shopping plaza.

The third tenant has not been announced.

The retail space is being developed by Benchmark Development Corp.