A groundbreaking ceremony for Wyld Oaks, a 215-acre mixed-use development that will consist of multifamily and condominium housing, shopping, dining, entertainment, hotel accommodations, outdoor recreation, and public park spaces, took place today, Friday, January 19.
Wyld Oaks is located off the newly completed 429 Beltway and W. Kelly Park Road Interchange in Apopka.
At the groundbreaking ceremony, attendees will got the chance to preview the Wyld Oaks master plan. This year’s demand for Wyld Oaks retail is estimated to be nearly $1.1 billion, while supply is only $700 million, leaving a gap of about $400 million, according to a Wyld Oaks press release.
“Wyld Oaks is one of the region’s most influential developments of this magnitude to break ground in recent years,” the news release states. “It is a powerful moment in the future of the Orlando region’s geographic growth and a tangible manifestation of the economic ripple effect induced by Central Florida Expressway Authority (CFX)’s recent completion of the 429/Western Beltway extension, which now links the northwestern portion of the Orlando region to Interstate 4.”
Speakers at the groundbreaking were Joseph Beninati, Wyld Oaks founder; Jerry Demings, Orange County mayor; Bryan Nelson, Apopka mayor; Michelle Maikisch, executive director of Central Florida Expressway Authority; Laureen Martinez, vice-president, Orlando Economic Partnership; and Cate Manley, president and CEO of Apopka Area Chamber of Commerce.
According to the press release about the development, Wyld Oaks will feature several amenities including up to 200,000 square feet of retail and outparcels, two hotels, 3,000 to 4,000 multifamily and condominium residences, expansive outdoor entertainment venue, up to 200,000 square feet of office space, Yonder, a 10-acre park and preserve called Yonder, and a section called Wyld Green that will include a multi-use trail network.
The first 325 residences have been designed and will break ground this year.
As of 2023, approximately 12,900 current and future households are growing in the Apopka area surrounding Wyld Oaks, according to the news release.
An extended story about this will appear in the Friday, January 26, issue of The Apopka Chief.
The Apopka Chief and The Planter are weekly community newspapers, independently owned and family operated, that have served the greater Apopka area in Central Florida since 1923 and 1965 respectively.
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