ZOM Living to Develop Upscale Apartments in Desirable Charlotte Suburb

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203-unit Class AA midrise community to break ground next year in SouthPark

Hazel SouthPark

ZOM is an industry leader, with a nationally recognized reputation for leading edge project design and unique living spaces

ZOM Living has closed on the purchase of a 2.76-acre parcel, and will break ground early next year on HAZEL SOUTHPARK, a planned six-story, Class AA luxury rental midrise in a superior, walkable location at the center of the SouthPark submarket. HAZEL SOUTHPARK is designed to serve a highly sophisticated, discerning clientele. Unit features, finishes, amenities and resident services will be tailored specifically to meet the needs of this growing and underserved segment of the renter market. The project will be comprised of 203 expansive apartment homes (1,168 SF average unit size) with an attached, secured parking facility. The ground floor will host an approximately 6,000 square foot signature restaurant, 8,000 square feet of luxury boutique retail space, and 8,400 square feet of residential amenity space. Additional resident amenities will be located on the sixth floor, including a luxurious rooftop pool deck, surrounded by deluxe two-story rental townhomes. Hazel residents will enjoy a best-in-class urban experience with immediate access to a wide assortment of upscale dining, shopping and offices adjacent to the 1.6 million square foot SouthPark Mall.

“We are excited to be a part of the dynamic growth in SouthPark,” said Darryl Hemminger, ZOM’s development executive for the Carolinas. “We believe there’s tremendous demand for intimate, highly amenitized, and highly-serviced apartments located in great live-work-play environments, and Hazel SouthPark will bring a new level of quality, unit features and amenities to this market.”

HAZEL SOUTHPARK’s first units will be delivered in Q4 2019, with pre-leasing starting in Q3 2019. ZRS Management, LLC has been retained to provide leasing and property management services. Construction financing was provided by TD Bank and Santander Bank. CBG Building Company is the general contractor, and Cline Design Associates is the architectural firm for the project.

About ZOM Living:
ZOM Living is one of the most highly regarded luxury multifamily developers in the United States, and has joint ventured or directly developed over 18,500 apartment units nationwide, with an aggregate value of nearly $3.5 Billion. Throughout its 40-year history, ZOM has garnered more than 150 industry awards for project design and development expertise, including the prestigious National Multifamily Development Firm of the Year award and, most recently, two national Pillar Awards from the National Association of Homebuilders, for Best Low Rise Project (Baldwin Harbor/Orlando) and Best High Rise (Monarc at Met3/Miami).

ZOM Carolinas, LLC is the regional development office for ZOM Living. ZOM Living is headquartered in Orlando, Florida, and has additional regional offices in South Florida, Texas, and Washington D.C. ZOM Living has 5,000 units currently under construction or in design/predevelopment throughout the U.S., with a total capitalization of $1.7 Billion. For more information on ZOM’s multifamily portfolio, visit http://www.zomliving.com.

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