According to the Atlanta Business Chronicle, Ben Carter’s Streets of Buckhead development is 50% pre-leased. The project needs to be 65% leased by the end of the year. I think they are well on their way to achieving that goal. Contractors are currently pouring concrete for the foundations and have started working on the parking deck. Fall 2009 will be here before you know it!
I know there is a lot going on at the construction site, because as I drive down Peachtree Road, traffic comes to a screeching halt. I can’t imagine what rush hour is like – madness! All I can say is avoid that stretch of Peachtree for the time being. There are plenty of back roads to take and I would stick to them, otherwise you’ll be enjoying your satellite radio talk shows for a while!
What’s the next big retail/restaurant announcement? I really hope some additional boutique style retailers set up shop at this project.