WATER VALLEY – Work is nearing completion on the first phase of renovations on the pair of Wagner buildings owned by Terry Warren. The Water Valley native purchased the buildings last year and hopes to capitalize on the success of Water Valley’s Main Street.
The renovation has addressed cosmetic and structural issues and includes the installation of steel beams, an upstairs balcony that spans both buildings and matching storefront designs. Warren told the Herald last week he plans to complete the initial work by the end of the year and then look for a renter to occupy the vacant spaces.
Warren explained the interior buildout will follow, based on the needs of a future renter for the unoccupied space. The bottom floor of the northern building is the longtime home of The Velvet Glove, which has maintained operations during the construction.
Warren lives in Lafayette County and labels himself as an entrepreneur. He owns shopping centers, mini warehouses, rental property and his flagship business, Rebel Rags in Oxford.