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Premium Luxury Brands Choose The Streets of Buckhead for Global Expansion

ATLANTA-(Business Wire)-September 25, 2008 - The Streets of Buckhead, opening in fall of 2009, will offer a unique storefront shopping experience featuring an unsurpassed offering of luxury boutiques, as well as world-class dining and residences. The exclusive lineup of merchants includes Hermes, Bottega Veneta, Oscar de la Renta, Etro, John Lobb, Loro Piana, Vilebrequin, Domenico Vacca and Optical Shops of Aspen, among many others. The project is the vision of Ben Carter, a developer best known as the force behind the Mall of Georgia, but who grew up in Buckhead, an affluent neighborhood in Atlanta.

The Streets of Buckhead, which will feature over 500,000 square feet of retail and restaurant space, is resurrecting the site of the original Buckhead Village in Atlanta, which decades ago, featured a town square with local merchants and residences. Much like the original, The Streets of Buckhead experience extends beyond the retailers to residences, hotels and restaurants, like the New York mainstays Japonais and La Goulue. In addition to luxury boutiques, Ben Carter Properties projects 14 fine-dining restaurants, and several hundred residential units as well as the addition of one or more premium hotels over the course of the project.

“For decades, Madison and Fifth Avenues in New York and The Magnificent Mile in Chicago have offered world-class storefront shopping and dining for the discriminating consumer. The Streets of Buckhead offers many of those same luxury retailers, as well as luxury amenities and services in a street-level, open-air environment to create a truly unique experience for the sophisticated customer,†said Carter. “The Streets of Buckhead will not only be the premier shopping choice for area residents, it will be a leading luxury destination for affluent national and international travelers.â€

The architecture for the retail streetscapes and high-rises employs the use of stately columns and grand porticos, reflective of the Neo-classical style of architecture. Other parts of the development employ touches similar to the industrial-era buildings of New York’s Soho district, with iron detailing and a great use of glass. The design styles mesh to create a rich, historically inspired architectural framework, the perfect backdrop for the luxury boutiques and restaurants at The Streets of Buckhead.

The most recent retail and restaurant additions to The Streets of Buckhead include:

“With these new additions, and all of our previously announced retailers, The Streets of Buckhead will provide shopping opportunities that are unmatched in Atlanta or the region,†said Carter. “As one of the wealthiest areas of the country, Buckhead residents should be able to shop for luxury goods without traveling to other cities. The Streets of Buckhead will give millions of visitors to Atlanta each year access to luxury brands that are available in only a few select places around the world. I couldn’t be more excited about sharing these brands with the residents and visitors of Atlanta.â€

About The Streets of Buckhead

The Streets of Buckhead is a $1.5 billion luxury mixed-use community currently under construction in the heart of Atlanta’s affluent Buckhead neighborhood. The redevelopment will transform the area into a walkable streetscape offering more than 80 luxury boutiques, trendy restaurants and sidewalk cafes. Occupying eight acres, the community is bordered by Pharr, Peachtree and East Paces Ferry roads, and North Fulton Avenue. Upon completion, The Streets of Buckhead will feature over 500,000-square feet of retail and restaurant space, most of which will house international luxury and lifestyle brands; and several hundred high-rise estate homes and luxury apartments. Retailers and restaurants in the community will open in November 2009.

About Ben Carter Properties

Founded in 1993, Ben Carter Properties is an Atlanta-based, full-service commercial real estate firm, which specializes in retail, office and mixed-use projects throughout the Southeast. Through its history, the company has developed more than $1 billion in real estate projects. Currently the company has $2 billion in new projects in development, with planned openings by 2010. The Ben Carter Properties team of experts focuses on four distinct areas of real estate services: development, asset management, leasing and brokerage. For information on the company, please visit www.bencarterproperties.com.

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