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Central Florida Expressway Authority approves expansion of Poinciana Parkway

The Central Florida Expressway Authority last week approved going forward with the expansion of Poinciana Parkway from two to four lanes. Traffic volumes on the existing Poinciana Parkway currently run two and half times the original projections. The project is a terrific success. To expand on that success CFX has decided to move forward refinancing the exiting parkway bonds to pay for the expansion from two to four lanes.

The bond refinancing will take place immediately and as soon as that is done construction will begin. The original Poinciana Parkway project was originally built to be expanded to 6 lanes so this project will hopefully be completed fairly quickly perhaps as soon as two to three years?

The expansion of Poinciana Parkway is just another step in making the vision of expressways for Poinciana a reality. The extension of Poinciana Parkway north to connect to CR532 is scheduled to go before the CFX Board in October. That is expected to be approved and construction to be started soon.

The Southport Connector project connecting the south end of Poinciana Parkway to Florida Turnpike will be next up to be attacked. These things take time but the future plan to connect the Florida Turnpike to I4 using a 70 MPH toll road running through Poinciana is becoming a reality.