It is named for City Councilman St. Elmo W. Acosta, who convinced voters to approve a $950,000 bond issue for the original bridge at the site.

In February 2015 the Jacksonville Transportation Authority announced that the neon lights would "be off indefinitely with no return date on the books" citing a lack of funding for repairs.

Installation is expected to be completed by summer 2020 and unlike the neon lights, the new LEDs will be able to display any color, not just blue.

The old approach became southbound only, and northbound access was provided at Mary Street, two blocks north of Miami Road.

The only real difference was a new northbound onramp from Museum Circle, one block north of Mary Street.