New Development in Goulds: A 206-Unit Apartment Project

In a significant move for the community of Goulds, developers Mariano Karner and Esteban Koffsmon have proposed an ambitious 206-unit apartment project. This initiative is part of a broader wave of development sweeping through south Miami-Dade County, reflecting the area’s growing appeal and potential for affordable housing.

Project Overview

The proposed development will consist of an eight-story building featuring a two-level parking deck with 243 spaces. The site, located at 21220 and 21350 Southwest 115th Road and 21143 and 21281 Southwest 117th Avenue, spans 2.6 acres. K2 Capital Group, the firm founded by Karner and Koffsmon, aims to focus on affordable and workforce housing projects, addressing the pressing need for such options in the region.

Background of the Developers

Mariano Karner serves as the chief operating officer at Bloom Ventures, a global investment firm based in Miami. Esteban Koffsmon is the senior vice president of development and construction at Château Group, an Aventura-based development firm. Their collaboration through K2 Capital Group marks a strategic shift, allowing them to pursue projects that prioritize affordability and accessibility in housing.

Strategic Location

The choice of Goulds for this development is strategic. The area, which includes municipalities like Homestead and Florida City, offers ample buildable land at more affordable prices compared to Miami’s urban core. This affordability makes it an attractive option for developers looking to create housing solutions that cater to a diverse population.

Growing Development Landscape

Karner and Koffsmon are not alone in their pursuit of development in south Miami-Dade. The region has seen a surge of interest from various developers, each aiming to contribute to the growing housing market. For instance, Taurus Development is planning a 15-story, 159-unit workforce housing project at 11888 Southwest 220th Street, while Coinco Investment has proposed three four-story buildings with a total of 192 apartments in Naranja.

Additional Projects in the Pipeline

The momentum in south Miami-Dade continues with several other noteworthy projects. Aconcagua is looking to build an eight-story, 162-unit apartment building in Princeton, while Terra, led by David Martin, has proposed a 724-unit Live Local Act project at the South Dade Government Center in Cutler Bay. Additionally, homebuilding giants D.R. Horton and Lennar are also making significant contributions, with plans for hundreds of new homes in the area.

Conclusion

The proposed 206-unit apartment project by Karner and Koffsmon is a promising development for Goulds and the surrounding communities. As the demand for affordable housing continues to rise, initiatives like this one are crucial in addressing the needs of residents. With a growing number of developers entering the market, south Miami-Dade is poised for a transformative period that could reshape its housing landscape for years to come.