Source: ZOM / #Apartments #Multifamily
MCKINNEY, TX - ZOM Living recently broke ground on KINSTEAD, a 376-unit garden-style multifamily project located within the rapidly expanding Highway 121 Corridor of Dallas. This distinctive property will be comprised of six three-story buildings, offering both surface parking and attached private garages, and occupies an excellent location within a top rated school district and proximate to multiple corporate office relocations spurring some of the strongest high-wage job growth in the country.
"We are excited to break ground on our 5th project in the Dallas market, and 10th project overall in Texas,” said Greg West, Chief Development Officer. “Our Kinstead site is convenient to numerous retail and entertainment venues, excellent schools, and the highest concentration of suburban corporate employers in the state of Texas. Kinstead will bring a new level of quality, unit features and amenities to this highly desirable McKinney market in north Dallas.”
ZOM will deliver Kinstead’s first units in Q4 2018, with pre-leasing starting in Summer 2018. ZRS Management, LLC has been retained to provide leasing and property management services. Construction financing was provided by Texas Capital Bank. Stanford Construction is the general contractor, and JHP is the architectural firm for the project.
ZOM Living will also break ground later this year, on Atelier, a 41-story high rise in the heart of the Dallas Arts District.
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.