After suffering certain setbacks — including a terminated relationship with the former developer — the site of Emory’s Proton Therapy Center seems to be moving along, now with a projected summer 2018 opening date for the cancer treatment facility in Midtown.
In a conversation Wednesday with Curbed Atlanta, Ashley Preisinger, president of Georgia Proton Treatment Center LLC, which is overseeing the center’s construction, said "good progress" is being made.
"The project is moving forward," Preisinger said. "We’re feeling more and more optimistic about getting our financing secured," which, she added, has "been the only reason for the delay."
Preisinger said the center’s original developer "had three projects going in other parts of the country, and so as a result each project had its own little stops and starts and it affected all the other projects because it was the same developer with the same resources behind it."
In short, she said, the relationship with that developer wasn't working out. And construction progress on the high-profile site wasn't going as planned.
And now?
"We’ve made a lot of progress this summer and have had more activity at the site lately, and we are in the final stages of selecting a financing strategy that ... should allow funding to occur in the first quarter of 2017."
While Preisinger could provide no specifics yet, she did say that plans still call for Peachtree Street to be "wrapped with retail."
The center has been in the works for quite some time.
In 2012, development observers breathed a sigh of relief when news broke that the cutting-edge, $200 million cancer treatment center would fill the weedy lot at the crux of Peachtree Street, Ponce de Leon, and North avenues. Concerns have arisen since regarding the facility's interaction with the Midtown streets it faces — and the pace of construction.
In July 2015, Atlanta Business Chronicle reported that the medical facility had fallen behind schedule due to financing matters.
- $200 million Emory Proton Center falls behind schedule [Atlanta Business Chronicle]
- Emory Proton Therapy [website]
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