Earlier this month, Buckhead Atlanta's project manager confirmed that the development had secured financing. It's now been announced that the project's financing is a $167 million construction loan.
The billion-dollar mixed-use luxury development secured the $167 million syndicated construction loan, led by PNC Capital Markets, LLC and will use it to cover the full construction of the six-block, eight-acre complex.
Buckhead Atlanta's construction pace has picked up, and the development recently scored big by becoming the new home to a flagship store and new headquarters for Spanx, the billion-dollar shapewear company.
The first stores are set to open at Buckhead Atlanta in 2014.
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