Market Rate Development
At PHNX Development Partners, our foundation in affordable housing has shaped a rigorous, community-centered approach to development—one that naturally extends into market rate and mixed-income housing. As housing needs continue to evolve, PHNX brings the same commitment to quality, innovation, and long-term value to communities seeking well-designed, market-driven multifamily housing.
With a vertically integrated platform and deep expertise across the full development lifecycle—from site analysis and land acquisition to entitlements, design, and construction management—we are equipped to deliver high-quality, efficient, and impactful developments that reflect the needs and character of the neighborhoods we serve.
Our approach prioritizes placemaking and thoughtful design, ensuring that each community is tailored to its local context, with well-planned amenities, sustainable features, and enduring architectural quality.
FOCUS ON AFFORDABLE AND MARKET-RATE HOUSING:
Extends its foundation in affordable housing to market rate and mixed-income housing.
TAILORED TO LOCAL CONTEXT:
Ensures each community is tailored to its local context, reflecting the needs and character of the neighborhoods.
COMPREHENSIVE APPROACH:
Equipped to deliver high-quality, efficient, and impactful developments across the full development lifecycle.
PLACEMAKING AND THOUGHTFUL DESIGN:
Prioritizes placemaking and thoughtful design, with well-planned amenities and sustainable features.
Mixed-Income & Redevelopment Expertise
As municipalities increasingly prioritize diverse and inclusive housing solutions, PHNX is well-positioned to help integrate moderate-income units into larger market rate developments. Our experience navigating local processes and engaging community stakeholders allows us to structure developments that are both financially sound and publicly supported.
We also collaborate with public partners on the redevelopment of aging or underutilized properties, transforming them into vibrant residential communities that support neighborhood revitalization and economic growth—without displacement.
Led by Experience, Built for Impact
PHNX is led by Daniel Zullo and Matthew Zullo, a team with deep backgrounds in real estate development, construction, and operations. Together, they have built a firm that is nimble, strategic, and mission-driven, with the ability to execute on a wide range of housing solutions.
Our integrated model, combined with a strong understanding of community dynamics, planning, and execution, positions PHNX as a valuable development partner for municipalities, landowners, and private capital seeking to advance high-quality, market-responsive housing projects throughout New Jersey.