It is an urbanization developed in the second half of the 20th century in what was once a coffee plantation (from which it took its name) in the east of the capital of Venezuela.

Indeed, in the 1950s, in the confines of the old town of Petare, the urbanization "El Marqués" was promoted, promoted by René Bruno Borges Villegas and designed by the engineer Luis Borges de Villegas Mejías.

To the south of Guaire emerged the urbanizations "Las Mercedes" (1940) developed by Venezolana de Inversiones CA.

The land initially belonged to Eugenio Mendoza and Armando Planchart, who as private investors promoted the creation of the Avenida Principal de El Cafetal (on the homonymous ravine) along with the entrepreneurs who developed Las Mercedes.

[2] El Cafetal has one of the best shopping centers in eastern Caracas: the Plaza Las Americas which has been renovated twice.