Coastec Built LLC, under the leadership of President Luis Ignacio Coll Doreste, is pioneering a transformative approach to affordable housing development built on integrating sustainability and eco-friendliness without compromising on affordability or quality. These are initiatives that not only address housing shortages but also prioritize environmental stewardship and community well-being.
Promoting Health and Well-being in Housing
Coastec’s focus on health and well-being can be seen in how it has been working closely with the Florida Health Department to develop an aerobic septic system that minimizes the amount of waste percolated into the soil. Implementing the new law that was passed on July 1st 2023 by the Florida Health Department to utilize aerobic septic systems in some areas of Florida.
Energy Efficiency for Long-Term Sustainability
Coastec Built prioritizes energy efficiency across its projects. By incorporating technologies such as energy-efficient impact windows that reduce the amount of time required to cool down the houses, energy-efficient appliances, and smart home systems, they significantly reduce long-term operating costs for both tenants and housing providers. Moreover, each project has meticulously engineered energy calculations put in place to ensure maximum efficiency.
Innovation in Construction Practices
Under Luis Coll’s leadership, Coastec Built has embraced innovative construction practices that minimize environmental impact by maximizing efficiency. They employ sustainable building materials and construction methods that adhere to rigorous environmental standards, such as CMU walls, pre-engineered truss systems, pre-engineered roofing systems, and pre-engineered septic systems. This commitment reduces the carbon footprint without inflating construction costs, setting new benchmarks for sustainable urban development in the region.
Community Impact and Economic Development
Located in Doral, Florida, Coastec Built strategically operates in a state where many areas are designated as HUBZones (Historically Underutilized Business Zones) by the Small Business Administration (SBA). This positioning allows Coastec Built to contribute significantly to local economic development by providing employment and supporting small, local businesses crucial for the economy. These businesses, often located in socio-economically disadvantaged communities, play a vital role in raising economic standards and supporting local infrastructure such as schools and public services through tax contributions, aside from this indirect impact Coastec has directly invest $4 million dollars in services from local businesses.
Moreover, Coastec Built’s expansion plans into North Carolina and Texas, states with high distress rates according to the Distressed Communities Index (DCI), displays its commitment to addressing housing needs and economic disparities. By focusing on these areas, Coastec Built aims to stimulate economic growth through localized sourcing, community collaboration, and the creation of affordable housing options that attract new residents and businesses.
Financial Projections and Contributions to the Economy
Coastec Built LLC’s commitment to sustainable housing not only enhances community well-being but also makes a substantial economic impact. Projections indicate significant increases in net profit and payroll expenses over the years, translating to higher tax contributions. It is setting a new standard in the construction market. Their innovative approach not only meets the immediate housing needs of communities but also ensures long-term sustainability and environmental responsibility. With a commitment to quality, affordability, and eco-friendliness, Coastec Built is shaping a brighter, healthier future for residents across Florida, North Carolina, and Texas.
