2026-2030 Capital Improvement Plan

Old Carriage Ct & Old Carriage Rd Roundabout 2026 thru 2030 Project Details Shakopee, MN Project # Project Name Total Project Cost Department Category Status Accounting Code

CIF-26-004

Old Carriage Ct & Old Carriage Rd Roundabout

$3,805,000

Contact

City Engineer Improvement 1 - Have to do

Capital Improvements Fund

Type

Street Construction

Priority

Active

Useful Life

30 years

5975/6975

Fund

Capital Improvement Fund

Description Corridor improvements to address safety and operational issues along Old Carriage Court, including intersection improvements at Old Carriage Road and the Wal Mart Drive access to accommodate redevelopment. Cost sharing with Chick-fil-a is included in the project funding for the traffic signal at the Old Carriage Ct/Wal-Mart Drive access. The traffic signal would only be implemented if redevelopment proceeds on the Best Buy property.

Justification Improvements to the corridor are to address roadway safety and operational issues. The City completed a corridor study in 2024 to identify the recommended improvements.

Prior

Expenditures

2026 2027 2028 2029 2030

Total

3,150,000

355,000

Construction/Maintenance Engineering/Administration

3,150,000

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

250,000 50,000

250,000

Land Acquisition & ROW

50,000

Total

3,450,000

3,450,000

Prior

Funding Sources

2026 2027 2028 2029 2030

Total

2,950,000

355,000

MSA - State Aid

2,950,000

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

300,000 200,000

Contributions/Donations

300,000 200,000

Storm Drainage Fund

Total

3,450,000

3,450,000

54

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