In 2014, Caltrans relinquished the portion of SR 1 in Oxnard along Oxnard Boulevard. The plan is then for PCH between Pleasant Valley Road and US 101 to be re-routed from Oxnard Boulevard onto Rice Avenue. That segment of Rice Avenue includes a railroad grade crossing at 5th Avenue that was the site of the February 2015 Oxnard train derailment, which eventually led to one death and 29 injuries. This was the twelfth accident at the crossing in ten years. An overpass has been planned at that site for almost two decades, but funding has not been available in Ventura County for the estimated $35 million grade separation project.