Streets of Buckhead Update

By admin • January 21st, 2010

There is a lot of curiosity about the Streets of Buckhead project. Each time I write an article about it, the web traffic to this website spikes.

The AJC gave an update on the Streets of Buckhead today. In short, the project needs $200 million to resume construction.

Streets of Buckhead developer Ben Carter said Wednesday he is in talks with private investors to raise $200 million to resume work on the stalled luxury retail project.

Unable to get a traditional bank loan amid the credit crunch, Carter said he has been seeking private investment money instead — a position many developers are in.

It’s a shame this project has become caught up in the commercial real estate crunch; ultimately the Streets of Buckhead will be good for our community.

Related posts:

  1. Streets of Buckhead Slowdown
  2. Good news for Streets of Buckhead
  3. Update on Buckhead foreclosure
  4. Short Sales
  5. Great things are happening in Buckhead
 

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