In the fall of 2011, the City of Lake Alfred City Commission unanimously voted to develop a Downtown Master Plan (PDF) for the City. The goal of the Downtown Master Plan is to provide for:
- a strong economy
- a livable, healthy community
- pedestrian, bicycle, and vehicular connectivity
- continuation of the community's small-town character
The impetus to developing the Downtown Master Plan has been the reconfiguration of the U.S. Highway 17/92 corridor into three-lane one-way pairs that divided the downtown area.
This Downtown Master Plan has been designated by the Lake Alfred Community, including residents and businesses, through a series of community workshops and outreach activities. As part of that process, the Community developed a statement to harness their vision of the future of Downtown Lake Alfred.
"Downtown Lake Alfred will be a pedestrian-friendly destination for residents and visitors providing a variety of opportunities to live, work, shop and play in a community with small-town charm."
The Lake Alfred Master Plan was selected for an American Planning Association (APA) Florida Award of Merit in the Neighborhood Planning Category.