Poinciana Parkway Questions and Answers
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Poinciana Parkway Q&A Dec 10,2014

What is Poinciana Parkway?
Poinciana Parkway will be a toll road connecting Poinciana with I4 and Orlando

What will it connect to?
Poinciana Parkway will connect Cypress Parkway west of Poinciana Hospital Medical Center to US 17/92 in Davenport. It will cross 17/92 to Ronald Reagan Parkway which will provide multiple options to connect to Osceola CR 532 intersecting with I4 at Champions Gate.

What will it consist of?
The base parkway will consist of four sections. Section I will be a connection at 17/92 intersection in Polk County. Section II will be what is today called Kinney Harman road connecting 17/92 Intersection to the Poinciana Parkway Bridge. Section III, the bridge itself will connect Kinney Harman to Marigold Ave in Poinciana Village 2. Section IV will connect the bridge to Cypress Parkway in front of Solivita where Rhododendron exits today.
The Bridge Segment and the Section IV segment will be a limited access toll road designed for speeds of 65MPH. The Northwest segment and Southeast segment will be neighborhood feeder roads designed for 45MPH without tolls.
All segments will initially be 2 lanes with future expansion to 4.

What about the people who live on Marigold in Osceola County?
Marigold will be extended at the north end to intersect with the Poinciana Parkway Bridge. Access will be provided to the parkway bridge without first having to go south to Cypress Parkway.

What about direct connection to I4 to the north and Florida Turnpike to the East?
There are follow-on projects that have been approved as part of the long term Central Florida transportation plan that will connect the Poinciana Parkway to I4 and connect Poinciana Cypress Parkway to Florida Turnpike. Both of these projects are funded for the original PD&E (Preliminary Design and Engineering) and the engineering work has begun.
There are two alternatives that are being considered to connect to I4. One alternative is to connect directly to SR 429 just west of the Disney/Celebration exit. The second alternative is to connect directly to I4 at the Champions Gate intersection.

Why 2 lanes initially? Why not 4 or 6 lanes?
The traffic studies indicated that two lane limited access roads will be sufficient to handle the first 10 years of traffic volumes. As traffic volumes increase then the additional tolls will pay for expansion of the parkway to additional lanes.

How will the project be financed?
The project will be paid for through a combination of sources. The total cost of the project will be $150M. $72M will be financed by selling 30 year bonds. AV Homes(Avatar) will be contributing $50M in permits, right of way, engineering etc. Both Polk and Osceola Counties will be making financial contributions as will the state of Florida.

Will anybody be paid back for their contributions?
Only the purchasers of the 30 year bonds.

How much will the tolls be?
There will be two separate tolls. One will be for traffic riding Rhododendron connecting between Cypress Parkway and the bridge. A second toll will be collected for all traffic from both Rhododendron and Marigold using the bridge. The initial toll for the bridge segment will be $1.75 each way. The Rhododendron segment will be $.50 additional. The bridge segment tolls will increase over time. The Rhododendron segment is expected to remain at $.50.

At the end of 30 years will the tolls go away?
No, the tolls will remain forever with the proceeds being used for maintenance, expansion in number of lanes and to pay for the building of the connections to I4 and Florida Turnpike.

When can we expect construction to start?
JR Davis Group of Kissimmee was selected as the winning bidder at an Osceola Expressway Authority Meeting held July 18,2013. Construction has already started and is on schedule and budget.

When can we expect to use Poinciana Parkway?
The first phase of the parkway, connecting from Cypress Parkway to the intersection of US 17/92 and Ronald Reagan PKWY should be completed early 2016. The second phase connecting from Cypress Parkway directly to the bridge using the corridor where Rhododendron Ave exists today should be completed in mid 2016.

What is the status? Is this a ‘done deal’?
This is a ‘done deal’ from a contract viewpoint and with initial work having started. The project is about 1/3 completed.
Groundbreaking for the parkway took place at 4:30PM Dec 18,2013 with actual start of construction started in January 2014.

What about Poinciana Parkway in Polk County?
There is a road in Polk County Poinciana Village 7 called Poinciana Parkway. It connects the southern part of Marigold Avenue with Lake Hatchineha road. Same name but different road. The only planned connection would be via Marigold?

When will the final financing be settled?
Financing for the project has been completed. All permits are in place and the project is being constructed.

What about talk of a new Central Florida Expressway Authority?
There was a legislative bill approved during the 2014 Florida Legislative session that would consolidate the Orlando Expressway Authority with the Osceola Expressway Authority and also add jurisdiction for Lake and Seminole Counties. The Osceola Expressway will continue in existence until the Poinciana Parkway Project is completed.

What about follow-on projects connecting to I4 to the North and Florida Turnpike to the East?
The studies for these projects are funded and in progress. Time will tell the timing for when these projects get funding for completion
.

What impact will these project have on Poinciana Property Values?
News reports have indicated that these projects are already causing Poinciana property values to increase. Some reports even as much as 25%.

This page last modified on Wednesday, December 10, 2014

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