POINCIANA PARKWAY

TPO BOARD MEETINGAPRIL 12, 2012

Outline Location Traffic Issues Project Timeline BoCC Request

Osceola County

38,400 55%

Polk County31,400 45%

Poinciana69,900

2011 Population Estimates Source: APV

“Polk Project Area”1.34 miles

“Poinciana Toll Road”4.15 miles

“Osceola Project Area”4.17 miles

Poinciana ParkwayProject Segments

Traffic Issues

Existing Level of ServiceLOS “B”LOS “C”LOS “D”LOS “E”LOS “F”

2035 Traffic ForecastsAADT (1,000)

14 - 17 26 -

31

31 - 38

27 - 33

25 - 31

Forecasted LOSLOS “B”LOS “C”LOS “D”LOS “E”LOS “F”

Project Timeline

1970 1972 1990

GAC Corporation proposes Poinciana as a new community to cover 47,000 acres in Osceola and Polk Counties.

Polk County adopts Poinciana PUD. (PUD 71-10)

“Parker Highway” added to MPO 2010 Long Range Transportation Plan as a privately funded project.(New 2-Lane Facility with 6-Lane ROW)

1990 - 1992 Early 1990’s

BoCC adopts Polk County Comprehensive Plan. Poinciana is vested for land use and assigned a “Pre-DRI” future land use category. Lots of Record (buildable lots) are vested for transportation concurrency. Parker Highway included in Traffic Circulation Element.

30% Design PlansInitial environmental permits issued for Parker Highway.

2003 - 2004

Avatar completes toll study for “Poinciana Parkway.” Final design plans are completed. Corridor shifted to the east to coincide with Marigold Avenue.Avatar funds major intersection improvement at Cypress Parkway and Marigold Avenue to relieve traffic congestion and support construction of Poinciana Parkway.

2006

Avatar enters into agreement with Osceola County to construct Poinciana Parkway as a toll road by a date certain (date later amended to require start of construction by February 2012). Agreement resolves dispute over transportation concurrency.Avatar enters into agreements with Osceola and Polk Counties for public acquisition of rights-of-way (ROW) using Avatar funds.

2006 2006 - 2010

Polk County begins four-lane widening of CR 54 (Ronald Reagan Parkway). Road is widened to address a projected short term (0-5 years) LOS deficiency. Project traffic and design anticipate future construction of Poinciana Parkway.

Construction of Poinciana Parkway is delayed due to downturn in economy.

2011- 2012

Avatar seeks public-private partnership to provide funding necessary to construct Poinciana Parkway.Poinciana Parkway Working Group formed to explore funding options. Parkway divided into three segments:Osceola Project Area: Cypress Parkway to Eastborne Avenue (4.17 miles)Poinciana Toll Road: Eastborne Avenue to Polk County Line (4.15 miles)Polk Project Area: Polk County Line to US 17/92 (1.34 miles)

BoCC Request

Polk County $3 MillionFDOT $3 MillionOsceola County Expressway Authority$ Remaining CostsOsceola County$6 Million

Poinciana ParkwayProject Segments

Cost to Complete: $110 Million

Avatar Costs to Date: $47 Million

BoCC Request

Endorse the intersection of Poinciana Parkway and US 17/92 as priority project of regional significance with benefits to FDOT Districts 1 and 5.

Request FDOT to provide funding for this intersection improvement without adversely impacting currently programmed projects.

The Polk County Board of County Commissioners (BoCC) requests the Polk TPO to:

Congestion Management Funds The TPO sets aside funding for relatively

low-cost projects, e.g., intersection improvements, that are intended to relieve traffic congestion.

12/13

13/14

14/15

15/16

16/17

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FundingCandidate Projects

$ M

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Fund

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Fund

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$3.6 $4

.9 $5.8

$5.0

BoCC Request

Endorse the intersection of Poinciana Parkway and US 17/92 as priority project of regional significance with benefits to FDOT Districts 1 and 5.

Request FDOT to provide funding for this intersection improvement without adversely impacting currently programmed projects.

The Polk County Board of County Commissioners (BoCC) requests the Polk TPO to: