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The eight-acre, 800,000-sf Streets of Buckhead project is beingdeveloped by locally based Ben Carter Properties. The overallproject bordered by Pharr Road to the south, Peachtree Road to thewest, East Paces Ferry Road to the north and North Fulton Avenue tothe east will include 500,000 sf of retail and restaurant space,four hotels, up to 1,000 residential units and more than 300,000 sfof class A office space. The project broke ground last week andsome of the buildings on the existing site have already beendemolished, Barry Hotel Partners executive director Butch Rosstells GlobeSt.com.

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"Ben Carter is creating a world-class project anchored by someof the best retail in the country," Ross says. "We think 1 Hotel& Residences is the perfect hotel brand for the project."

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Barry Hotel Partners, a division of Barry Real Estate Cos., wasformed earlier this year. 1 Hotel & Residences is a new "green"hotel concept developed by Starwood chairman and CEO BarrySternlicht. Like other 1 Hotel & Residences, the project willbe LEED-certified. The National Resources Defense Council willserve as an environmental advisor to the project.

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