Sundance Vista Boulevard is set to become a major new connector in Port St. Lucie, following the approval of Resolution 26-R29. The city has agreed to advance up to $20.3 million to Mattamy Homes for the road’s construction, with funding structured via Governmental Finance Corporation (GFC) reimbursement to the general fund, not taxpayer dollars.
Sundance Vista Boulevard Project Details
The Sundance Vista Boulevard project will link Crosstown Parkway to Discovery Way, providing a new corridor in the city. The road is expected to open to the public by December 31, 2027, described as 11 years ahead of schedule.
Under the agreement, the City of Port St. Lucie will advance funds to Mattamy Homes for the construction. The funding is structured via Governmental Finance Corporation reimbursement to the general fund, not taxpayer dollars.
Funding and Reimbursement Structure
Mattamy Homes will reimburse the city for the full amount, plus interest, within five years of the road’s turnover. The city will not release road funds until Southern Grove Park 3 is relocated.
Southern Grove Park 3 Relocation
The relocation of Southern Grove Park 3 (formerly known as SoGro) is a key requirement. The park will move south of Becker Road and east of Community Boulevard. The city will not release road construction funds until this relocation is completed.
Future Community Benefits
The city council noted that the new road will also enable a future fire station in the area.
Frequently Asked Questions About Sundance Vista Boulevard
What is the Sundance Vista Boulevard project in Port St. Lucie?
The Sundance Vista Boulevard project is a new road that will connect Crosstown Parkway to Discovery Way in Port St. Lucie.
How is the Sundance Vista Boulevard project being funded?
The project is funded through a $20.3 million advance from the city to Mattamy Homes, with reimbursement coming from the Governmental Finance Corporation. This structure avoids the use of taxpayer dollars.
When will Sundance Vista Boulevard open to the public?
The road is expected to open by December 31, 2027, described as 11 years ahead of schedule.
Are there any conditions before construction funds are released?
Yes, the city will not release funds for road construction until Southern Grove Park 3 is relocated south of Becker Road and east of Community Boulevard.
Can the new road support future community services?
The city council noted that the new road will enable a future fire station in the area.
