Project will greatly shorten the distance between Clermont (US 27) and Winter Garden (SR 429) and help boost the Wellness Way area.
The Central Florida Express Authority (CFX) has approved a new budget of $3.2 billion for a five-year work plan. The new connection between Lake and Orange counties, now called the "SR 516 Lake-Orange Expressway", is included in the new budget. The construction of SR 516 will be divided into 3 segments, with the last projects to be completed in early 2023.
The project will feature a new interchange and realignment on US 27 along with the four-lane expressway. The project for this segment is expected to be completed by the end of 2022.
This project will continue the four-lane expressway to the county line with an interchange at CR 455. The future extension of County Road 455 is a separate project from Lake County. The project for this segment is scheduled for completion in early 2023.
Segment 3 includes the continuation of the expressway with a cloverleaf ramp with Valencia Parkway and cloverleaf ja junction with SR 429. Toll gantries will be constructed at all ramps in this segment. Construction of Valencia Parkway between SR 516 and Schofield Road is included in this segment.
The existing interchange at SR 429 and Schofield Road will remain. The design for this segment is expected to be completed by the end of 2022.
Below are the main objectives to be achieved with the construction of the new expressway: