CFX: It’s ‘now or never’ to build toll road to Sanford airport
Warning that the time to build is quickly running out, the Central Florida Expressway Authority board unanimously agreed on Thursday to move forward with constructing a toll road — first proposed decades ago — between State Road 417 and the Orlando Sanford International Airport.
At a cost of more than $200 million, the two-lane thoroughfare would help alleviate traffic congestion in one of the fastest-growing areas of Seminole County and ease access to an expanding airfield, its supporters say.
“This is really critical, and the time is now or never,” said Christopher Maier, chair of the toll road agency’s 10-member board. “Because we keep growing and more rooftops are popping up. So let’s seize this opportunity right now.”
Construction of the roughly two-mile long roadway is still years away, as CFX must first figure out how to pay for the project. That includes spending an estimated $18.3 million acquiring existing houses and properties along the route.
Toll revenues are estimated to generate $48.1 million over 40 years for the project. But that’s less than a quarter of the total cost of $200.4 million. CFX’s master plan recommends toll revenues cover at least half the cost of a construction project, said Glenn Pressimone, the agency’s chief of infrastructure.
