CHARLOTTE, NC 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-square-foot 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.