February 8, 2011

‘Streets of Buckhead’ Project May yet see the Light of day!

Posted in Uncategorized tagged , , , , , , , at 6:10 pm by winterbaserva

The stalled ‘Streets of Buckhead’ project that represented a redevelopement of the former ‘Buckhead Village’ -a popular hotspot for Atlanta predicted to boost Buckhead market’s appeal, has been revived. San Diego firm OliverMcMillan has been brought aboard to restart the$1.5 billion project that was once dubbed as a ‘Slice of Rodeo Drive’ on Peachtree Rd.  The collapse of the luxury retail market in Atlanta and the weak economic recovery had been blamed for the halt of this adventurous project.

OliverMcMillan has been paramount in resurrecting stalled projects recently in California, and Hawaii. One project involved plans to spend $150 million to complete a 46 story condo in Honolulu. As of yet, no mention has been made of a projected start date for the Streets project to commence. The original plans, introduced by developer Ben Carter Properties LLC, touted the ‘Streets of Buckhead’ as one of the  hottest shopping meccas in the country, with exclusive luxury retailers, fine dining restaurants, two hotels, and a multi-million dollar condominium, as well as office space.

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