ZOM Celebrates Grand Opening of
The Hamptons at Coral Springs

ORLANDO, FL — September 29, 2000 — ZOM celebrated the grand opening of The Hamptons at Coral Springs, which is their ultra-luxury rental apartment community located adjacent to the prestigious Heron Bay Country Club in Coral Springs, Florida, on Thursday, September 28, 2000.

A distinguishing feature of this 294-unit, luxury community is the stately grand clubhouse, which emulates a Bermuda plantation estate home overlooking the residential villages. Clubhouse amenities include a state-of-the-art fitness center with cardio-theater, fitness equipment, and a business center/library. The two-story residential buildings create the ambience and scale of a luxurious single-family home community. Standard features include built-in media alcoves, expansive windows, crown moldings, architectural archways, tray ceilings and bookshelves. Select apartment homes include fireplaces, computer workstations with high-speed Internet access, and kitchens with work islands and breakfast nooks. Residents have the option to customize their residences with wood flooring, Berber carpet, upgraded light and plumbing fixtures, closet/garage organizers, and accent wall colors.

Steve Patterson, President and CEO, congratulated all ZOM employees and other members of the development team on their hard work and level of commitment, which have provided ZOM its continued success for creating unique environments where people can enjoy living, working and playing. According to Patterson, "We strive for innovation and creativity, and our ambition is to create an exceptional development each time we undertake a new project."

ZOM's creative approach to development has been nationally recognized, and they have received multiple awards for their multifamily developments. In recognition of quality construction and design excellence, The Hamptons at Coral Springs recently won an Aurora awards competition for Designs of Distinction on July 22, 2000, for Best Rental Community (less than 15 units per acre). The company has received 11 Pillars awards, including the prestigious Pillars award for Best Garden Apartment Community in 2000, 1997 and 1996. In 1999, ZOM was awarded the esteemed Pillars award for Multifamily Development Firm of the Year. ZOM has won 32 Aurora awards, including a Grand Aurora award for Best Rental Apartment Community in 2000, a Grand Aurora award for Builder's Choice Design and Planning in 1998, and a Golden Aurora for Best Development Project in 1997.

ZOM has developed over 6,000 apartments in Florida and currently has over 2,000 units in various stages of development throughout the state, including Orlando, Tampa, Ft. Lauderdale and Miami.