Vertical construction is underway on Exchange at Wyld Oaks, 325 apartments in the Wyld Oaks project in Apopka

Wyld Oaks, the master developer, announced on Oct. 15, 2026: "Vertical construction is officially underway at Wyld Oaks". Its release says Exchange at Wyld Oaks "brings 325 new residences to the 215-acre mixed-use destination".

What changed

• Construction: the release says "Exchange at Wyld Oaks, is rising" and calls it "the project's first multifamily co-creator to go vertical". WRE News reported on Oct. 16: "Construction has begun on a 325-apartment development within Wyld Oaks".
• Who is building it: "Hathaway Development affiliate Dewfall Hathaway", "with institutional equity financial backing from Carlyle Realty Partners X", per the release.
• The apartments: 325 units. The release gives average sizes: one-bedroom, one-bathroom apartments "averaging 741 square feet", two-bedroom, two-bathroom units "averaging 1,081 square feet", and three-bedroom, two-bathroom units "averaging 1,307 square feet".
• The money, as GrowthSpotter reported in June: Hathaway Development bought the 11-acre parcel for $13 million. A $47 million construction loan from Ameris Bank backs the project, according to a mortgage recorded June 2 in Orange County. Matthew Smith, principal of Dewfall Development, said the apartment community represents a roughly $71 million investment, according to GrowthSpotter. Beyond the loan, $22 million came from Carlyle Realty Partners X and $2 million from Hathaway.

When

• Vertical construction: announced Oct. 15, 2026. The sources read give no date for the start of site work.
• First units: summer 2027, as Matthew Smith said in GrowthSpotter's June 8 report, before construction began; Florida YIMBY gave the same timing in June.
• Completion: Connect CRE reported on Oct. 27: "The apartment project is scheduled to be completed by summer 2028."
• Leasing: Connect CRE reported that leasing "is expected to begin within 9 to 12 months."
• The developer's Oct. 15 release gives no delivery date.

Where

• The apartments are on an 11-acre parcel within the Wyld Oaks mixed-use development in Apopka, per GrowthSpotter. The release places Wyld Oaks "at the SR 429 Beltway and W. Kelly Park Road".

What it means if you live here

• 325 new apartments are coming to the Wyld Oaks development in Apopka. Connect CRE describes them as "market-rate" units. No rents are published in the sources read.
• Amenities, per Connect CRE: "a fitness center, dog park, clubhouse and pool."
• If you are planning a move, the reported timings are first units in summer 2027 and completion by summer 2028.