Economic Studies

CFX Powers the Region’s Economy

The Central Florida Expressway Authority’s $1.3 billion work program (Fiscal Year 2017-2021) is an economic engine, powering growth in employment, income and business sales while also yielding savings in time and money for households. The Work Plan strategically identifies projects to be funded over a five-year period.

According to a study by the Center for Urban Transportation Research (CUTR), CFX’s 2016-2020 Work Plan will have a substantial economic impact on the region. The study said CFX’s plan is projected to:

  • Create an estimated 11,390 jobs in the four-county Orlando-Kissimmee-Sanford metropolitan statistical area (MSA), plus generate an additional 1,000 jobs elsewhere in Florida
  • Stimulate $2.1 billion in overall gross business sales, including $1.9 billion in the MSA
  • Contribute $1 billion in overall gross domestic product, including $935 million in the MSA

Furthermore, the study revealed other benefits of CFX’s strategic plan to expand and improve its toll road network over five years:

  • Area households will save a combined $25.6 million in out-of-pocket costs
  • Each household will save on the average 32 travel hours a year, or $334 a year
  • Less harmful emissions
  • Reductions in costs related to travel and accidents

Read the full economic impact report (PDF).

Other CFX Plans

Strategic Business Plan

2040 Master Plan

Five-Year Work Plan

Additional Resources

Governing Board

Meetings Calendar

About CFX

CFX Contact Information

4974 ORL Tower Road
Orlando, FL 32807

Phone: (407) 690-5000
Fax: (407) 690-5011