It might help to have some darts in the front and back to help it fit a little better as well. I'm not sure if you were planning on doing this or not.
A word of advice about lacing though; it can be a pain in the shebs to deal with. Even more so if you can't see where the grommets are for lacing. A good rule of thumb is if you can't do it yourself unassisted, then try not to use it. Velcro closures, snaps, clips, buttons. My suggestion would be anything other than lacing and grommets. Leather lacing is also notorious for breaking as well.
~Kaylin