BUCKHEAD

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BUCKHEAD, the uptown district of Atlanta, makes up the northern fifth and is the third-largest business district of the city. It is a major commercial and financial center of the Southeast. Surrounding a dense core of high-rise office buildings, hotels, and condominiums are suburban neighborhoods of large single-family homes.

In 1938, 202 ½ acres surrounding the present intersection of Peachtree, Roswell, and West Paces Ferry roads were bought by Henry Irby from Daniel Johnson for $650; Irby opened a tavern and general store at the northwest corner of the current intersection, calling it Irbyville. When he hung the head of a large buck deer, the establishment became known as Buckhead. By the 1880s, the area had become a rural vacation spot for prestigious Atlantans and was renamed Atlanta Heights in the 1890s. The name Buckhead was readopted in the 1920s.

The area was home to country estates until after World War I, when many wealthy Atlantans built their mansions in the rolling hills. Construction continued through the Great Depression. The community was annexed by Atlanta in 1952. In 1959, Lenox Square opened as the second largest shopping center in the southeastern U.S. at that time on the site of an estate known as Joyeuse. High-rise development followed with the opening of offices in Tower Place in 1974, Park Place condominiums and Atlanta Plaza in 1986, Park Avenue Condominiums in 2000, Sovereign and Mandarin Oriental in 2008. Buckhead now has over 50 high-rise buildings, more than one-third of the city’s total.

HOUSING MARKET IN BUCKHEAD

$699K Median Listing Price | $306 Price per Square Foot | $375K Median Closing Price

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