MIAMI—ZOM is getting busy on the Miami multifamily development front. The firm just announced two new towers rising from South Florida's dirt.

ZOM recently closed on a land and air rights parcel within the Met 3 mixed-use project and started construction on Montage at Met 3. Montage will house 462 multifamily units in a 32-story luxury tower. A Whole Foods will offer grocery shopping at the ground level. The project also includes 12 levels of structured podium parking.

Met 3 is located at the Northeast corner of Southeast 2nd Avenue and Southeast 3rd Street in the heart of Downtown Miami. That's walking distance to the Metromover. The project is a joint venture with an investor account advised by the U.S. real estate business of UBS Global Asset Management.