Streets of Buckhead Update

Posted by on Jan 21, 2010 in Around Buckhead, Buckhead Homes | 0 comments

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. Major Changes at the Streets of Buckhead
  2. Streets of Buckhead Slowdown
  3. Good news for Streets of Buckhead
  4. Update on Buckhead foreclosure
  5. Great things are happening in Buckhead

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