Construction of the Oviedo Regional Stormwater Pond and Park will allow development of a historic commercial district where space would not normally allow an extensive building square footage. The development of a communal commercial treatment pond will allow local business owners to purchase capacity credits to convey and treat the drainage from their properties via the Oviedo Regional Stormwater Pond and Park. The project is essential to facilitate and provide incentive for development and redevelopment in the historic downtown area.
The Oviedo Regional Stormwater Pond and Park will be located at the corner of Franklin Street and Geneva Drive.
Construction is anticipated to begin in early 2020 and estimated to be completed in the spring of 2021.