Today, the Central Florida Expressway Authority (CFX) Board voted unanimously to adopt a $1.9 billion work plan, the largest ever in the agency’s history.
The plan will fund capital and maintenance improvements to CFX’s 118-mile expressway system over the next five years. This shall include three interchange projects, approximately 42 miles of widening of existing expressways, 50 miles of resurfacing, improved roadway lighting and signs and safety projects. CFX plans to have its work plan projects designed, built and operational by 2023 – the end of the new work plan.
The work plan projects anticipate saving drivers on CFX’s expressways up to 32 travel hours annually. For example, a driver who commutes daily on SR 417 from Seminole County to downtown Orlando is estimated to save up to 16 minutes per day or as much as 69.3 hours per year following the widening of SR 417 between Orange County/Seminole County line and Econlockhatchee Trail.
CFX’s new Work Plan is also projected to create over 11,000 jobs in Central Florida and contribute $1 billion in gross domestic product to the local economy.