Slow but steady progress for 'Buckhead Atlanta' | News
ATLANTA -- More than three years ago, construction stopped on the large retail and residential site in the heart of Buckhead, formerly known as "The Streets of Buckhead."
Now, five cranes are moving at "Buckhead Atlanta." The managing director of development for OliverMcMillan, the company developing the eight acre site, took 11Alive on a tour of the active construction site.
The goal is to make the area inviting with cobbled streets in some areas and very pedestrian friendly. There will be about 80 retailers but the developer is staying silent about which ones they're courting or have signed on, except for marquee tenant, French luxury retailer, Hermes.
"The idea is to diversify the kind of tenants that are in here. More mid-to upper, in terms of the caliber but also diversify so it has a broad appeal to Atlanta," explained Hunter Richardson, OliverMcMillan's Managing Director of Development for the project.
The developer says the restaurants will also be diverse and include options from cafes for a quick bite to fine dining.
The plan is to open the open the first handful of retailers by the holidays of 2013.
After a lack of activity for several years during the recession and under the prior developer, 65 construction workers are now building the nearly one billion dollar mixed-use project.
Crews are currently working on the parking deck. With the parking deck and underground parking, there will be 2,400 parking spots. Later, the two luxury apartment buildings with 370 units, which will be built to condominium standards will go up.
Hunter Richardon has worked on other large scale projects in Atlanta and Virginia, but this is OliverMcMillan's largest project to date.
"It's exhilarating," Richardson said. While he's on the site regularly, he also has a birds eye view of the development from his 15th floor office just across the street on Peachtree Road.
With the slow but steady progress, OliverMcMillan says most of the project will be complete by the end of 2014.