Azzouz, chairman of Orlando-based Azzouz Holding Corp., couldn't be reached at GlobeSt.com's publication deadline. But associates who have worked with him in the past tell GlobeSt.com on condition of anonymity the undertaking by Veranda Partners LLC will have a development cost of at least $100 million.

Azzouz is waiting on city approval for the residential component of the project; 383,206 sf of commercial; 300,000 sf of retail; a parking garage; movie theatre and post office. Apartments would be built above the retail and office space in two-story, three-story and four-story buildings.

The developer plans to open the project in fall 2003 along Hiawassee Road, south of MetroWest Boulevard. The site is 15 miles from Walt Disney World.

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