Real estate firm plans 205-unit, gated apartment community

TAMPA — Atlanta-based multifamily real estate firm Penler, which bought a Manatee County apartment complex for $48.11 million last year, recently announced plans to build a new apartment community in South Tampa.

The gated community, with 205 units in two- and three-story buildings across nearly 11 acres, is in the Westshore Marina District, six miles south of Hyde Park, according to a statement. Construction is scheduled to begin immediately, the release adds, and the first apartment homes will be available in the early summer 2022. The project is the third one for Penler, founded in early 2019.