Gov. DeSantis, Trump administration announce $20 million Lake Nona investment
Grant funding is part of nearly $900 million being invested nationwide
Gov. Ron DeSantis was in Central Florida with U.S. Secretary of Transportation Elaine Chao Tuesday to announce a multi-million dollar infrastructure investment.
Orange County was awarded a $20 million grant for what officials called the Local Alternative Mobility Network Project.
Located in Lake Nona, the project will support the planning, design and construction of critical infrastructure.
HAPPENING NOW: FL Gov. Ron DeSantis is with U.S. Secretary of Transportation Elaine Chao to announce the awarding of a $20 million BUILD grant to Orange County. Money will be directed toward a project in Lake Nona that will build and modernize infrastructure. pic.twitter.com/YYrXOI9GMW— Mark Lehman (@MarkLehman6) November 12, 2019
At Tuesday’s announcement, Chao said the project would include shared mobility lanes, upgraded bicycle paths, a transit hub and autonomous vehicle infrastructure.
A new bridge will also be built over Lake Nona Boulevard, which is designed to improve safety in the area.
The grant funding for the project is part of nearly $900 million being invested nationwide through a program called Better Utilizing Investments to Leverage Development (BUILD).
According to the department of transportation, the BUILD grants are for investments in transportation infrastructure and have been awarded to projects with a significant impact on their local or regional communities.
Officials with Lake Nona said the entire project will cost $43 million.
Construction is tentatively scheduled to begin in 2020 and is expected to be completed as early as 2023.
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