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The Drew County Industry of the Year award was recently presented to Launius Enterprises, also known as The Marketplace, at the MEDC/Chamber of Commerce banquet. The Marketplace is a 47,000 square foot building in which space is offered to individuals and businesses in order to sell their products. This week’s One Monticello Life tells of the beginning and growth of The Marketplace and its owners, Gene and Shelly Launius.
When Gene and Shelly Launius moved to Monticello from Hector in order for Gene to continue his education in forestry, an idea like The Marketplace never crossed their minds. Years later after owning J&L Timber Company and Prestige Home Furnishings, they purchased the old building that currently houses The Marketplace in hopes to lease the property to other companies. After numerous failed attempts, Gene had an idea and started the wheels rolling.
The Marketplace opened in September of 2009 with 77 booth spaces available and one man’s dream of becoming “THE” place to shop in Southeast Arkansas. The booths completely filled up within a few months so work quickly began to open up more of the building for additional spaces. Located at 249 Hwy 425 North in what most Monticellonians remember as the old Safeway grocery store, The Marketplace currently has 190 retail booth spaces between two parts of the building with future plans of more being added once the third phase of the building is finished.













































