Tucked off Buford Highway, a residential project with quality set to rival the nicest new Brookhaven townhomes has landed the financial backing to move forward, according to developers. 

Milepost Development recently closed on construction financing for a 43-unit infill project called Drew Valley Townhomes that's set to take shape near the eastern edge of Brookhaven city limits.  

The 2.5-acre site at 2763 Drew Valley Road is located near the Skyland Shopping Center, where Buford Highway meets Clairmont Road. It’s also just south of a 167-townhome community called Skyland that sold out during the waning days of the COVID-19 pandemic.  

Today, the site is home to a low-rise, 1960s rental community called Drew Valley Apartments.

As seen in November, the Drew Valley Apartments the townhome venture is set to replace. Google Maps

Milepost partnered with capital advisor Patterson Real Estate Advisory Group on the construction financing deal to build the Brookhaven townhomes. The project’s senior loan was arranged with Cadence Bank and its equity investment with Toccoa Capital Management.

Plans call for three and four-bedroom luxury townhouses—along with one new five-bedroom, single-family house—to fill the site. Sizes will range from 1,865 to 3,000 square feet, per Milepost reps. 

Half of the townhomes will include fenced-in yards. All will have two-car garages, and most will feature large driveways to fit two more cars. 

The 2763 Drew Valley Road NE site in question, just off Buford Highway. Google Maps

Price ranges haven’t been specified, but “Drew Valley’s high-end finishes will rival those of other new construction townhomes in the Brookhaven market,” per an announcement. 

Communal amenities are set to include a greenspace, fire pits, a grilling station, and a plaza. 

Proximity to interstates and Ga. Highway 400, along with five MARTA stations (they’re counting from Buckhead to Sandy Springs) is called a plus of the location. Ditto for “multiple grocers, fast-casual to fine-dining restaurants and bars, numerous parks, golf clubs, greenspaces, and a plethora of daily service retail,” per Milepost reps.

Here’s an overview of what’s now set to break ground: 

Courtesy of Milepost Development

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