Tom Cobb, Oakmont's senior vice president for development, told GrowthSpotter on Thursday he hoped the company can get the plan approved by the Apopka City Council in October.
"We would start grading very shortly after that, probably in the month of November and going vertical probably in February (2017)," Cobb said. "We'll be finishing probably in September of next year."
The building, which with parking will occupy 16.44 acres, is being built to suit a tenant already at the center, Quality Custom Distribution, Cobb said.
ARCO Design and Build is the developer for the project and Highland Engineering Inc. is civil engineer.
Oakmont recently broke ground on a third 149,148-square-foot building covering 8.85 acres in the distribution center. That structure is a spec building, with shell completion expected in February.
"We're hopeful we would have it at least partially leased at shell completion," Cobb said. "We're trying our best to do that. Activity looks pretty good so far."
Oakmont has hired Lee & Associates Central Florida to handle the leasing.
The first phase of the distribution center consists of two buildings, 117,000 and 200,000 square feet, both of which are 100 percent leased. When the center is built out, it will total about 690,000 square feet.
Oakmont, through its affiliate, Oakmont Apopka Road LLC, came to the city council for approval of its first building in May 2007. According to the city's website, Oakmont recognized Apopka's potential as an intermodal distribution hub. Three international airports and two deep-water ports are within 45 miles of the city.
The city and distribution center are also within easy access of Interstate 75 and the Florida Turnpike via SR 429 (Mayor John Land Expressway). The center is adjacent to Node B of the Apopka Westside Research Park and near the University of Florida Institute of Food and Agricultural Sciences.