Wireless EV charging lanes are coming to the SR 516 Lake/Orange Expressway through Clermont, FL — the first US public pilot of its kind. Construction began summer 2024 with a partial opening expected in spring 2027. As a Clermont-based Realtor with the Yoder Home Team, I watch how infrastructure drives property value shifts in this corridor.
The average Clermont home value is $431,051, down 3.0% over the past year, and homes go to pending in about 37 days (Zillow). For homeowners, investors, and anyone considering a move to Clermont, the SR 516 project signals a long-term shift in how the region's infrastructure, property values, and daily commute will evolve.
Why this matters now. The SR 516 project is the first public high-power wireless charging pilot on a US highway, running right through Clermont's backyard. The Central Florida Expressway Authority (CFX) broke ground in summer 2024, with a partial opening expected in spring 2027 and final completion estimated by early 2029 (CFX). For homeowners and investors, the question isn't whether this technology will arrive — it's how fast property values will respond to the infrastructure that comes with it.
I'm Matt Yoder, Realtor with the Yoder Home Team, your go-to trusted Realtor for the Greater Orlando Region based in beautiful Clermont, Florida. With seven years helping families buy, sell, and invest in Lake and Orange counties, I've seen what happens when infrastructure meets real estate. Here's what you need to know.
How wireless charging roads actually work
The technology behind SR 516 is inductive charging — the same principle as a wireless phone pad, scaled to highway speeds. Copper coils embedded in concrete panels create an electromagnetic field that a receiver plate on the vehicle captures and converts into battery power while the car drives.
The pilot segment covers less than a mile of the 4.4-mile expressway, using precast concrete panels designed to accommodate the charging infrastructure. ENRX, a Norwegian company whose wireless charging tech has been tested in Germany and Belgium, provides the induction system in partnership with the ASPIRE research center (Noticias Ambientales). The system delivers up to 200 kilowatts of power — enough to sustain highway speeds for heavy trucks while recharging, with efficiency above 90%.
CFX is calling this effort the ASPIRE Pilot. The project's $13.6 million budget covers the design and construction of the electrified lane segment, with results determining whether the technology scales to the broader CFX network. Currently, use of the charging lane will be limited to test vehicles equipped with receiver plates.
What this means for Clermont homeowners and investors
SR 516 positions Clermont as a tech-forward community at a moment when its housing market is cooling. With the average home value at $431,051 and homes going to pending in about 37 days, there's still room for buyers to act before the expressway's 2027–2029 opening reshapes demand (Zillow). Infrastructure of this scale tends to compress the window — the buyers who research now are often the ones who benefit most.
The wireless charging lane adds a forward-looking signal. An electrified corridor positions Clermont as a destination for tech-forward residents and employers, the kind of buyers who pay a premium for a community planning for the next decade. For a second-home buyer or investor, the Wellness Way corridor around SR 516 is the pocket to watch.
A local expert's perspective on Clermont real estate
I'm Matt Yoder of the Yoder Home Team, your trusted go-to Realtor for the Greater Orlando Region. I've spent the last seven years helping families and investors buy, sell, and plan their moves across Lake and Orange counties — and I'm excited about what SR 516 brings to the area.
Whether you're a homeowner near the project, an investor weighing a second home, or moving to the region, I'd love to talk through how the expressway and the broader Clermont market fit your goals. Reach out to the Yoder Home Team to discuss the Clermont real estate market and the SR 516 project — let's find the right move for you.
