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ATLANTA-Work on the Streets of Buckhead, one of the city’s most-watched retail developments, will resume in September, according to the Atlanta Journal-Constitution. Developer Ben Carter says the $800-million project is on schedule to open in October 2010.

The developer is undertaking the massive makeover of the former Buckhead Village party district into an upscale street-level shopping destination. But with excavations under way and structures partially built, Carter halted construction earlier this year to renegotiate with his contractors to trim $10 million in costs.

Carter also moved back the opening date to reassure skittish retailers. Tenants were “more comfortable” with that date as they believe the economy will be back on track by then, he says.

Fashion boutique Hermes and high-end jeweler Van Cleef & Arpels will anchor the 375,000-square-foot first phase of the project. Click here to read more from AJC.

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