Cardiff Bay Development Corporation

Cardiff Bay Development Corporation

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Cardiff Bay Development Corporation

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The Cardiff Bay Development Corporation was set up by the government of the United Kingdom on 3 April 1987 to undertake redevelopment of one sixth of the area of Cardiff to create Cardiff Bay.

The mission statement for the Corporation, which set by the Secretary of State for Wales, Nicholas Edwards was: -

The five main aims and objectives were: -

  • To promote development and provide a superb environment in which people will want to live, work and play.

  • To re-unite the City of Cardiff with its waterfront.

  • To bring forward a mix of development which would create a wide range of job opportunities and would reflect the hopes and aspirations of the communities of the area.

  • To achieve the highest standard of design and quality in all types of development and investment.

  • To establish the area as a recognized centre of excellence and innovation in the field of urban regeneration.

It was chiefly responsible for the construction of the Cardiff Bay Barrage and the complex of shopping and new housing developments that sprang up across the old docks in the 1990s. It was also responsible for the Roald Dahl Plass development.

During its lifetime 14.7 m sq.ft. of non-housing development and 5,780 housing units were built. Around 31,000 new jobs were created and some £1.8bn of private finance was leveraged in. Circa of derelict land was reclaimed.Securing the Future of Cardiff Bay, Auditor General for Wales, 19......
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