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Texas   /   February 12, 2021

Lisa Brown
By: Lisa Brown

ZOM Living Picks Up 3.5 Acres for Hazel Multifamily

ZOM Living continues to invest in the Dallas real estate market. Its latest acquisition is 3.5 acres where it intends to build 398 luxury rental units. The development, to be known as Hazel by the Galleria, is centrally located across from the Galleria Dallas.

The Hazel by the Galleria site is located at the intersection of Noel Road and Interstate 635, directly across from the Galleria Dallas. Construction of Hazel by the Galleria is set to begin this month.

The project’s general contractor is CBG Building Company, the architect is LRK and construction financing was provided by Fifth Third Bank as the lead bank, with Hancock Whitney Bank and BBVA USA as participating lenders.

The firm is also putting the finishing touches on a residential rental tower in Dallas, known as Atelier, comprised of 41 stories and 417 rental apartments that overlook the Dallas Arts District and Klyde Warren Park. Atelier tower has 53 loft-style and 364 high-rise units ranging from approximately 500 to 2,300 square feet. The development also includes two levels of underground public parking and 15,000 square feet of retail space that CBRE is leasing. Atelier was designed by architecture firm Stantec and the general contractor is Balfour Beatty.

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About the Author

Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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