PENSACOLA, FL - Crest Residential, a leading multifamily development, construction and investment company, has announced The Romero, a new 282-unit luxury multifamily community in Pensacola, Florida.
Designed to capture Pensacola’s coastal charm, The Romero will feature 10 thoughtfully designed floor plans, ranging from 612 to 1,393 square feet, with one-, two-, and three-bedroom layouts. High-end finishes include quartz countertops, designer lighting, stainless steel appliances, oversized bedrooms, double sinks, walk-in showers, spacious closets, and attached garage options.
The Romero will provide resort-style amenities, including a saltwater swimming pool, outdoor entertainment and dining areas, pickleball courts, fenced dog park, and a luxury pet spa. Residents will also enjoy a state-of-the-art clubhouse with a 24-hour fitness center, business center, private conference room, coworking lounge, and coffee bar.
"The Romero directly addresses the need for modern multifamily housing in downtown Pensacola," said Matt Benak, Principal at Crest Residential. "A growing residential base will drive economic activity, strengthen local businesses, and ensure downtown remains a thriving destination."
The Romero is conveniently located between Bruce Beach and Corrine Jones Park. This places residents just minutes from Pensacola’s business centers, entertainment hotspots, and the Gulf Coast shoreline.
Construction began February 2025 and pre-leasing is slated to begin in 2Q26.
About Crest Residential: Crest Residential is a vertically integrated multifamily development, construction and investment firm focused on ground-up development and acquisition opportunities throughout the Southeast. Headquartered in Birmingham, Alabama, the Crest team has a combined development history of 6,500 units with a total investment of $850MM. To learn more, visit www.crestres.com