UPDATE: Partners Plan Fall Groundbreaking on $300M Buckhead Project

ATLANTA-Four name developers plan to break ground by fall on 3630 Peachtree Rd. , one of the most expensive mixed-use projects yet attempted in the Buckhead submarket, eight miles north of Downtown Atlanta.

Pope & Land Enterprises Inc., Post Properties Inc., Duke Realty Corp. and Novare Group anticipate opening the two-tower complex by year-end 2008 at the northwest corner of Peachtree and Dunwoody roads. The developers won city approval on rezoning the prime four-acre development tract in December, as GlobeSt.com previously reported.

For Duke, the project is the Indianapolis-based company’s entrance to Atlanta’s urban real estate market. “An exceptional opportunity,” says Kerry Armstrong, senior vice president, Duke Atlanta office group.