Kaplan Residential closes on purchase of Venice site for 239-home townhouse complex

Article by: Earle Kimel

Kaplan Residential, a Miami-based, family-owned real estate development company, has closed on the purchase of 29.87 acres on Knights Trail Road for almost $6 million, with an eye toward building a 239-unit townhouse development on land once considered a site for workforce housing. The proposal calls for one- and two-story town houses with covered garages and a target rental price between $1,600 and $2,300 a month, depending on the floor plan.

Read the Full Article Here