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.
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