Photo via ZOM Living
By Multifamily Executive
Multifamily developer ZOM Living has secured financing and started construction on Azola Desert Ridge in Phoenix, marking its first development to break ground in the Arizona market.
The luxury garden-style community, comprising 416 apartments, is expected to deliver by the third quarter of 2026. In addition, ZOM Living has a pipeline of up to 1,500 units planned for the area.
In 2021, the developer entered the market, acquiring two parcels in North Phoenix, which will bring nearly 600 units, including Azola Desert Ridge, to the thriving employment hub. In addition, ZOM Living plans to build up to 532 market-rate units in Old Town Scottsdale and 341 apartments in the Biltmore District.