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Orlando Beltway Completion Continues to Accelerate Apopka’s Growth

Orlando Beltway Completion Continues to Accelerate Apopka’s Growth

The completion of Orlando’s beltway is continuing to accelerate growth in Apopka, according to a recent article in the Orlando Business Journal, entitled “Closing The Loop.”

In the article, Trevor Hall, an executive vice president for Colliers’ Orlando office, noted that he has spent the past four decades forecasting development opportunities in Central Florida by following “the road money.”

For Hall and many other real estate professionals, following the progress of metro Orlando’s 100-mile highway beltway has been a harbinger for development opportunities to come.

Central Florida’s burgeoning real estate market has proven that philosophy to be true—especially in Apopka. The State Road 429/Western Beltway expansion has indeed had a ripple effect on Apopka’s growth, beginning more than 20 years ago when the Western Beltway opened between Apopka and Winter Garden. Exponential growth has followed, including an unprecedented number of new residential communities and the recent groundbreaking of Wyld Oaks, a 215-acre mixed-use destination. At completion, Wyld Oaks will include two hotels, up to 4,000 multifamily and condo units, up to 280,000 square feet of retail and outparcels, 70,000 square feet of restaurant space, a 10-acre park and preserve, and an expansive outdoor entertainment venue.

Apopka’s rapid growth is also drawing national attention. The Orlando Business Journal article underscored this by including a reference to a Cushman & Wakefield report that showed the Apopka/Silver Star industrial market had the most inventory delivered in 2023 (2.4 million square feet) and the most projects under construction to close the year (2.6 million square feet).

Read more about the acceleration of Apopka’s growth due to the completion of the Orlando beltway in Orlando Business Journal.

(Note: This is a paywall-protected article for subscribers.)

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