Georgia 10 2014

Page 1

441

59

75

GEORGIA STATE EDITION

Cornella 19

A Supplement to:

Rome 85 27

Athens 441

Atlanta

20

Madison Augusta

85

20

Griffin 1

129

Milledgeville

75

La Grange

Macon

301

185 19

16

Dublin

Swainsboro Oak Park

Columbus

Statesboro

341 441 16

Lyons Americus

May 14 2014

Dorchester

341

Cuthbert

75

Albany

84

Douglas Tifton

82

95

82

Blakely

Pearson

“The Nation’s Best Read Construction Newspaper… Founded in 1957.”

301

1

82

Vol. XVI • No. 10

Savannah

McRae Cordele

27

27 84

Moultrie

19 319

84

Bainbridge

Valdosta Thomasville

Waycross Brunswick 82

1 441

Your Georgia Connection: Rich Olivier, Atlanta, GA • 1-800-409-1479

High-Profile Development Job Finally Back on Track By Cindy Riley CEG CORRESPONDENT

Despite a lengthy interruption and a change in ownership, a high-profile development project in Georgia’s capital city is finally back on track. Stretching half-a-dozen city blocks and renamed “Buckhead Atlanta,” the approximately $1 billion endeavor includes more than 800,000 sq. ft. (74,322 sq m) of upscale retail, restaurant, luxury office and high-rise residential space. “The original vision for ‘The Streets of Buckhead’ resulted in the assemblage of eight acres of prime real estate in the heart of the Buckhead Village,” said Hunter Richardson, managing director of development of OliverMcMillan. “The vision for a vibrant mixed-use district of luxury retail, restaurants, offices, residences and hotels unfortunately proved to be ahead of its time as the economy collapsed in the late 2000s. With Buckhead being one of the most prestigious communities in Atlanta, we saw its redevelopment as an opportunity to build on Buckhead Village’s history and significance as the heart of the community. We embarked on the redesign of the development and a pre-leasing campaign to attract first-to-market retailers and restaurants, as well as Schroder Public Relations photo

Despite a lengthy interruption and a change in ownership, a high-profile development project in Georgia’s capital city is finally back on track.

Schroder Public Relations photo

The building structures are primarily constructed of concrete and steel.

Class-A office tenants.” By 2012, when work got back under way, the commercial real estate market was returning from the recession and capital markets were coming back. Richardson knew it was the right time to complete construction on what will be the San Diego-based firm’s first development project in Atlanta. “From the beginning, our goal has been for Buckhead Atlanta to feel like it’s always been a part of the existing neighborhood,” said Richardson. “Buckhead Village has such a rich history that we wanted to create a place that pays tribute to the neighborhood’s organic variety of tenants and architectural styles. We consider Buckhead Atlanta to be less of a new project and more of a block-by-block redevelopment. When you operate from the mindset that you’re redeveloping an existing area, you pay greater attention to maintaining the character.” Pappageorge Haymes senior associate, Timothy Kent, said his Chicago-based architectural firm collaborated closely with other architects, designers and OliverMcMillan to see ATLANTA page 2


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Georgia 10 2014 by Construction Equipment Guide - Issuu