The City of Grand Island began evaluation of the Five Points Intersection in 2016. The evaluation included roadway geometrics, lane configuration and signal operations. The City of Grand Island was awarded federal-aid safety funds, made available through NDOT, for the Five Point Intersection Improvement Project in 2017.
On January 23, 2018, City Council approved a program agreement with Nebraska Department of Transportation for the Five Points Intersection Improvement Project. On October 9, 2018, City Council approved the PE and NEPA services agreement with Olsson Associates in the amount of $361, 475.00 for the Five Points Intersection Improvement Project. Notice to Proceed was given to Olsson on October 25, 2018 to begin the preliminary engineering and environmental evaluation.
The current cost estimate of this project is $2,921,210.58, with the City of Grand Island share being $1,221,210.58. The federal share payable are capped at $1,700,000.00. Construction is currently planned for 2021.