Work has started on Wyld Oaks, a 215-acre mixed-use project in Apopka, Fla., 25 miles northwest of Orlando. The project reportedly represents a $1.2 billion total investment. Joseph Beninati is head manning the project.

Sited at 4105 Golden Gem Road, the development is just off the newly completed 429 Beltway and W. Kelly Park Road Interchange, about 27 miles from downtown Orlando.

At full build-out, Wyld Oaks will include:

•  Up to 200,000 square feet of retail and 11 outparcels

•  Two hotels, possibly one each of budget-friendly and boutique options

•  3,000 to 4,000 multifamily and condominium residences

•  Up to 200,000 square feet of office space at two sites

•  An “expansive outdoor entertainment venue,” according to the developer

Initial construction on the retail and multifamily components will begin in the fourth quarter. Roads, water, electric, communications, sidewalks, and water retention areas are scheduled to be completed in the first quarter of 2025.

Currently, Colliers is slated to handle retail and multifamily leasing, and CBRE will handle office leasing.