Florida State Road 516

State Road 516 (SR 516) is a toll road under construction by the Central Florida Expressway Authority (CFX). Once completed, it will serve an important transportation link between US Highway 27 (US 27) in Lake County and SR 429 in Orange County. It will also contain a full interchange with the planned County Road 455 (CR 455) extension providing access to nearby Schofield Road, and a partial interchange with Valencia Parkway featuring an eastbound exit and westbound entrance ramps. The expressway would contain two 12-foot (3.7 m) travel lanes in each direction, and two 12-foot (3.7 m) shoulders on each side of the roadway in each direction. It also is planned to feature a recreational trail along the south side of the expressway that would extend from US 27 and ending its alignment with SR 516 at the CR 455 interchange. It also is going to be part of a pilot project with ASPIRE in pavement charging of electric vehicles. As part of construction, US 27 would slightly be shifted eastward in the area to avoid disruption to the Lake Louisa State Park on the western side of the roadway.

State Road 516
Lake–Orange Expressway
Route information
Maintained by CFX
Length	4.4 mi (7.1 km)
Major junctions
West end	US 27
Major intersections	CR 455
East end	SR 429
Location
Country	United States
State	Florida
Counties	Lake, Orange
Highway system
Florida State Highway System Interstate US State Former Pre‑1945 Toll Scenic
← SR 514 → SR 517

The first projects went to bid in late 2022.^[1] Construction began in May 2024 with completion estimated for 2029. It would serve as a capacity reliever to both SR 50 to the north and US 192 in the south.

During the CFX March^[when?] board meeting, the timeline for the project was updated for groundbreaking of Segment 3 to be April 4, 2024, and for the construction teams for Segment 1 and 2 to be selected at the end of 2024.^{[citation needed]}

Exit list

County	Location	mi	km	Exit	Destinations	Notes
Lake	Clermont	0.0	0.0	0	US 27 (SR 25) – Clermont, Haines City	Western terminus
	Four Corners	2.8	4.5	2	CR 455 (County Road 455 Extension)	Located in Phase 2
Orange	Horizon West			3A	Valencia Parkway	Westbound entrance and eastbound exit only; located in Phase 3
		4.4	7.1	3B	SR 429	Eastern terminus; SR 429 exit 12
1.000 mi = 1.609 km; 1.000 km = 0.621 mi       Incomplete access