I have to say that I was a bit sad to say goodbye to the Three Dollar Cafe in Buckhead. I had a memorable beer or two or ten there in the old days. However, out with the nostalgia and on with progress and growth. The Streets of Buckhead developers just announced they were hopping across the street and building a hotel on the 2 acre site at Peachtree Road and Pharr Road which was once Three Dollar Cafe.

The Hotel Monaco will begin construction in late 2008 and will be ready in March of 2010 and will consist of 283 guest rooms. Also attached to the hotel, as you can see in the rendering above, is a separate 300,000 square foot office tower called Buckhead Esplanade. The tower will also have 55,000 square feet of retail and restaurant space.

The Hotel Monaco is the 2nd confirmed hotel in the Streets of Buckhead mixed use project.

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