ZOM was founded in 1977 by Joost P. Zyderveld, a Dutch oil company executive, who targeted Florida for real estate investment opportunities. Based in Orlando, ZOM's initial activities were broad in scope. The company invested in land and developed both single-family residential, as well as commercial, office, and retail projects.
The Company's focus turned to multifamily development in 1990 with several projects initiated in and around Orlando; Throughout the 1990s, ZOM continued to focus on multifamily development in Florida and branched out to other major markets, including the Tampa Bay area, Naples, Miami, Boca Raton and Fort Lauderdale. In 1997, Mr. Zyderveld sold the ZOM group of companies to a fellow Dutchman, Hans van Veggel. Mr. van Veggel founded Multi Development Corporation, Europe's largest shopping center developer, successfully completing over 180 projects in 14 different countries. The van Veggel family continues its ownership today.
In 2000, ZOM expanded its geographical focus outside of Florida and now has regional development offices in Dallas, Texas and Washington D.C., and has grown into one of the most highly regarded multifamily development companies in the United States. ZOM has joint ventured or directly developed over 16,500 apartments, and has garnered over 120 industry awards, including National Multifamily Development Firm of the Year (NAHB) .