Lily & Co. Jewelers are getting ready to expand their business and their space.

The three-year-old upscale jewelry store will be adding more work from local artists, children?s and men?s jewelry and an estate and consignment section, said Dan Schuyler, co-owner of Lily? & Co.

Schuyler and Karen Bell own the local business, which is known for its designer and couture jewelry, friendly service and canine greeters Gracie and Angel, both yellow labs, and Lily, an Australian labradoodle.

A groundbreaking ceremony was held for the expansion last Thursday afternoon.

Schuyler said Lily? & Co. will double its size of its sales floor. Within this extra space, 11 more jewelry cases will be placed as well as several more wall units. The added jewelry cases will hold a children?s section containing pendants, bracelets and earrings. A new men?s section will include, tie tacks, pens, cuff links and money clips.

“We’?re really excited about it,”? Schuyler said.

For watch aficionados, there will be a expanded section for timepieces. And for art collectors, Lily? & Co. will be featuring a more extensive collection of artwork from prominent local artist Myra Roberts and Luc Century, a fine glassmaker and sculptor. He will be making one-of-a-kind gift pieces, including vases and bowls.

In addition, there will be an expanded gift area to include art and Sailor Valentines from local crafter Sandy Moran.

The fashionable inclined can check out the new designer hand bag section. And there will also be a much requested area for estate and consignment pieces, Schuyler added.

“It’?s another community service,?” he said.

Lily & Co. is heavily involved in community service on Sanibel, which takes the form of fundraisers and goodwill to local charities along with their sought-after designer pieces which have helped the business become an island mainstay despite a rough economy.

• “What has happened over the last three years is incredible,?” Schuyler said. ?”We

have become the neighborhood jeweler. Not only do we sell jewelry – we build relationships.?”

On Saturday, Nov. 28, Lily? & Co. plans to hold a ribbon-cutting for their newly remodeled store on Tarpon Bay Road. A huge community party is also in the works for their grand re-opening.