A hundred and five townhomes are planned on the nine acres at the former East Brainerd Elementary School.
Developer Clint Wolford earlier tore down the old school at 7453 East Brainerd Road.
His plans for the property had included a restaurant, grocery and retail space.
RP Homes this week acquired the property from Ebes Partners Llc for $5,330,000.
Chris Todd of RP Homes said, “Our upcoming community at the old East Brainerd Elementary site is a groundbreaking development that will exude unparalleled value for the area.
