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Plans for another outlet for traffic-choked Poinciana will remain stalled until government officials can come up with a way to help Poinciana's private development company pay for it, a crowd of road supporters were told Wednesday.
Enlarge However, where that financial help will come from is a little hazy, and even if it materializes, it's unclear how soon the road could be built.
The long-sought project is the Poinciana Parkway, a 10-mile, four-lane highway between Cypress Parkway and U.S. 17-92. It has been on the drawing board since the early 1990s, but didn't surface publicly until 2005.
The plan is to connect it to County Road 54, which was widened partly in anticipation of a future connection to the toll road, and to provide better access to Interstate 4 via County Road 532 or U.S. 27.
Tony Iorio, vice president of development at Avatar, the main developer in Poinciana, said the company had already spent $47 million on the project, explaining an estimated $110 million more is needed.
For the full article, visit the Lakeland Ledger.
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