Atlantic Station, which the company has been involved with since1999, has been in the works for more than a decade. AIG partneredwith locally based developer Jacoby Development Inc. to build theinitial stages and is now the sole developer of the master plan,which includes six million sf of class A office space, two millionsf of retail and entertainment, 5,000 residences and 1,000 hotelrooms.

"When we talk about [Atlantic Station], it's developed by AIGGlobal Real Estate," says Brian Leary, VP of AIG Real EstateInvestment Corp. AIG Global is a New York City-based entity that iscomprised of a group of international companies within AIGInvestments. "Atlantic Station is unaffected by any of the currentAIG parent company issues. It is fully funded and construction isunder way and will continue," Leary tells GlobeSt.com.

AIG and the brokers that work on the various aspects of AtlanticStation assure that the project is not at risk, and that's a goodthing because there is a lot at stake with the development.Currently, Atlantic Station's 2,600 residences are more than 95%occupied, including apartments, condominiums and single-familyhomes.