Development activity near Coral Gables continues to accelerate, as AvalonBay Communities has filed plans for a new multifamily project in the City of Miami. The proposal, scheduled for review by Miami’s Urban Development Review Board on February 18th, 2026, calls for a Mediterranean-inspired apartment building designed by Baker Barrios. Branded as Kanso Coral Way, the project would rise several stories and deliver 166 residential units within a 302,420 SF structure.
The development site, located at 2340 SW 32nd Avenue, consists of a 1.6-acre assemblage spanning six parcels between Southwest 23rd Street and Southwest 23rd Terrace. One of the parcels is currently occupied by a former wedding hall. AvalonBay acquired the properties for more than $11 million late last year, positioning the national apartment developer for entry into this area of the Miami market.
This marks the second major proposal for the assemblage, when the site was previously approved for a project known as Renaissance at the Gables, which secured UDRB approval several years ago for a 102-FT-tall building containing 269 units and 113 parking spaces. Despite receiving design approval, that iteration never advanced beyond the entitlement stage.
The 166-unit development includes 21 studios, 75 one-bedroom units, 39 two-bedroom units, 18 one-bedroom lofts, 5 two-bedroom lofts, and 8 three-bedroom residences. Unit sizes will range from approximately 542 SF to 1,808 SF. Because the 1.6-acre assemblage carries two zoning designations, one permitting lower density (due to proximity to single family homes), the building massing responds accordingly: the western edge of the site steps down to a three-story portion, while the primary eastern volume rises to eight stories.
Planned amenities include landscaped patio areas, a resort-style pool deck, BBQ grilling stations, and other shared outdoor spaces. The project provides 242 parking spaces within a podium and on-street. Under Miami’s parking code, the development would typically require 264 spaces (calculated at 1.5 spaces per dwelling unit plus 1 visitor space per 10 units). The developer is therefore seeking a 10% parking reduction to accommodate the proposed supply.
Although no ground-floor retail is proposed, the plan meaningfully incorporates pedestrian-orientated improvements such as widened sidewalks and enhanced landscaping to strengthen safety and aesthetics on the main frontage. The parking podium is also largely wrapped with residential units, minimizing an imposing parking podium.
According to elevations prepared by Baker Barrios Architecture, Kanso Coral Way will rise to approximately 111 FT at its highest point. The exterior materials include smooth stucco finishes, coral stone cladding, aluminum railings, and aluminum louvers, among other architectural elements. The facade is characterized by a predominantly earth-toned color scheme, incorporating shades of tan and dark brown.
The building is designed as an eight-story structure; however, when including both mezzanine levels, it reaches a total of ten floors at its tallest point. Current zoning permits a maximum of eight stories on the site, which explains why the project is formally classified as eight stories from a regulatory standpoint.
A groundbreaking date for Kanso Coral Way hasn’t been established. While this project is among the few proposals recently submitted by Avalon Bay in recent months, it certainly isn’t the last. Micah Conn (senior VP of development at AvalonBay Communities) noted, “We’re investing in South Florida for the long term and see this site as an important part of our continued growth in the region,” as per the SFBJ.