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. Carter told The Atlanta Journal-Constitution he conferred last week with investors about how to get the massive development completed. 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. Read the rest of this entry

Finally some good news from 12th & Midtown, who recently announced the first major retail component of the massive $2 billion shopping district known as Midtown Mile.
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Some additional retailers for the 1.5 billion dollar Street of Buckhead, opening in March 2010. So far the project is 50% leased.

Briono: Italian luxury men’s clothier specializing in custom tailored suits and amazing ties
Leggiadro: Ann Ross designs upscale women’s couture
Shirts & Co. by Domenico Vacca. Ready-to-wear menswear and accessories shop
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A lifelong resident of Atlanta, Ben Carter has made an environmental commitment to the community by seeking Leadership in Energy and Environmental Design (LEED) certification for his company’s luxury mixed-use development, The Streets of Buckhead. Featuring more than 500,000-square feet of world-class retail, dining and residences, The Streets of Buckhead will be one of the country’s most expansive and affluent developments to be awarded Silver status in the LEED Green Building Rating System(TM) when it opens in 2009.
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The first phase of 12th & Midtown is well underway to completion and the first closings for 1010 Midtown are scheduled to happen today. I’ll be visiting the building soon, so I’ll be sure to take pictures of the 10 model homes they have - with interiors by Artefacto (one of my favorite places to buy furniture) and also Cantoni. Later this month 1010 Midtown will have it’s grand opening party and I’m sure it’s going to be quite the scene.