DURHAM, N.C. — ZOM Living and AEW Capital Management have purchased a site at 500 E. Main St. in downtown Durham for the development of Maizon Durham, a 248-unit apartment community. The co-developers also secured $49 million in construction financing from Santander Bank. The project team includes architect Hord Coplan Macht, interior designer One Line Design Studio and general contractor LeChase Construction. Set to break ground this summer, Maizon Durham will feature studio, one-, two- and three-bedroom units ranging in size from 555 to 1,450 square feet, as well as coworking and conference spaces, a fitness center, dog spa, clubroom, 13,000 square feet of retail space and a swimming pool and sundeck.
ZOM Living, AEW Capital to Develop 248-Unit Apartment Community in Downtown Durham