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Home News $66 billion for Florida transport infrastructure

$66 billion for Florida transport infrastructure

$66 billion will be spent on Florida’s transport infrastructure over the next five years.

by Mike Woof
March 11, 2025
in News
Reading Time: 2 mins read
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New transport developments will help transform Florida – image courtesy of © Kevin Ruck| Dreamstime.com

New transport developments will help transform Florida – image courtesy of © Kevin Ruck| Dreamstime.com

The Moving Florida Forward initiative will see $66.1 billion in transportation investments for the next five years. Florida Department of Transportation (FDOT) has major plans to improve the state’s highway system. The projects include expanding Interstate 75, adding express lanes on Interstates 4 and 275, and redesigning the Golden Glades Interchange on Interstate 95.

Work has now started on 51km of new auxiliary lanes to be added to I-75, from State Road 44 in Wildwood to State Road 326 in Ocala. This latest Moving Florida Forward project has been fully funded and is beginning 10-15 years ahead of schedule.

The expansion of lanes and the addition of express lanes along I-4 in Polk and Osceola counties, which will reduce congestion and streamline traffic for people driving into Orlando.

The addition of regular and express lanes on I-275 in Pinellas County, which is projected to reduce travel delays by up to 85% and adds capacity along a major hurricane evacuation route.

One of the projects is for a redesign of the Golden Glades interchange on I-95 in Miami-Dade County to enhance connectivity between major road corridors in the region.

The reconstruction of the Fruitville Interchange on I-75 in Sarasota County will deliver a “Diverging Diamond” design, which will increase volume capacity by 40,000 vehicles and reduce the number of conflict points between vehicles getting on and off the interstate and opposing traffic. The widening of US 98 in Bay County designed to improve capacity for drivers in Panama City Beach.

The realignment of US 301 from CR 470 to Florida’s Turnpike in Sumter County is projected to increase mobility and reduce delays by up to 94% during peak hours.

Florida is currently experiencing unprecedented population growth and is projected to grow by 1,000 people/day over the next 30 years – with some areas of the state currently experiencing more than 20 percent growth rates. As the state continues to experience rapid population and tourism growth, the Moving Florida Forward Infrastructure Initiative focuses on critical improvements to ensure that transportation infrastructure can meet the demands of current and future residents and visitors, including investments in major interstates and arterial roadways to ensure people and goods can move safely throughout the state. At least 20 major interstate and roadway projects across the state have been expedited through this initiative.

Categories: Finance & Funding
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Lane Construction, the US subsidiary of Italian firm Webuild, is carrying out a $582 million project for Florida Department of Transportation – image courtesy of Lane Construction
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Construction work has been completed ahead of schedule for a key project in South Florida – image courtesy of ©  Aprescindere| Dreamstime.com
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The Tampa Bay area is to benefit from a new $643 million contract that will cut traffic congestion – image courtesy of © Sean Pavone| Dreamstime.com
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$643 million Tampa Bay contract

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A new highway section in Florida will feature wireless charging for EVs – image courtesy of © Wellesenterprises| Dreamstime.com
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$546 million expressway with wireless charging pilot in US

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