ORLANDO—Wood Partners has started construction on a 200-unit multifamily community located in one of Orlando’s hottest neighborhoods. The Rialto is under development on a 5.95-acre site on Spring Lake at the entrance of Doctor Phillips.

Located at the northwest corner of Sand Lake Road and Turkey Lake Road in southwest Orlando, The Rialto is a quarter of a mile from Interstate 4 and three miles from Walt Disney World. Wood expects the multifamily development to open its doors to renters in July 2014.

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