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Streets of Buckhead Developer Needs $200M

ATLANTA-Private financing will allow the luxury retail project to resume construction that has been stalled for the past year.

By Atlanta Journal-Constitution | Updated on January 20, 2010

ATLANTA-Ben Carter, developer of the Streets of Buckhead, says he is in talks with private investors to lend him $200 million. If he can seal the deal, workers will resume where they left off early last year when construction stalled on the proposed luxury retail district.

Carter assembled several blocks of land in Atlanta’s toniest ZIP code by paying record land prices several years ago. He gobbled up restaurant and club buildings that comprised one of Atlanta’s most famous entertainment districts to be replaced by his vision of a “Rodeo Drive” of the South.

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