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Clever wordplay ("zip" + "city") with positive connotations that could suit many uses. For instance, a company that manufactures and designs zips.
Also, a commuter app, that helps people move around a city quickly. It could suit a company that created a travel app (i.e. something helping people understand and navigate a city).
The word "zipacity" contains eight characters and four syllables. Successful brands using four syllable names include Airbnb, ESPN and Panasonic.
This domain was first registered in April 2013. Older domains have an advantage when ranking in search engines.
Zipacity.com is a .com domain. Dot com domains are the most valued domain extension in the world, used by famous websites like twitter.com. Owning a .com says that you own the word "zipacity" online.
One suggestion for how this name could sound when used.