A major residential project by Lennar Corp. that has been years in the making has been approved for the Penn Daw area.
The owners of the 7.4-acre property — which has 16 parcels owned by Penn Daw Properties and Michael Strassburg — hope to redevelop five single-family homes and a commercial building with up to 46 stacked townhouses, 35 townhouses and a 385-unit apartment building that would stand up to seven stories tall.