An Atlanta company plans to raze the 58-year-old Bryton Hills Apartments and replace them with three-story townhomes.

Jay T. Clark, CEO of Southeast Capital Companies, said the company plans to replace the 204 apartments on the 9-acre parcel near Clairmont Road and Buford Highway with 155 townhomes priced “in the high $400,000s.”

A portion of the property will be reserved for future commercial development, he said.

The Brookhaven Board of Zoning Appeals unanimously approved zoning variances needed for the project during its meeting July 16.

“I think this is a positive sign,” resident Robert Smith, who lives nearby on Skyland Drive, told members of the board. “This area is a front door to Brookhaven. It’ll be a tremendous improvement to Brookhaven.”

Construction on the townhomes should begin after the end of the coming school year, Clark said, and is expected to continue through 2017.

“We’re starting when the school year ends next May,” he said. “The principal of the elementary school asked we not push the kids out during the school year.”

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