Cardiff Bay Development Corporation
| Cardiff Bay Development Corporation | |
|---|---|
 |
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| Formation | 1987 |
| Extinction | 2000 |
| Headquarters | Cardiff |
| Official languages | English and Welsh |
| Chair | Sir Geoffrey Inkin |
| Key people | Barry Lane, Michael Boyce |
The Cardiff Bay Development Corporation was set up by the United Kingdom Government on 3 April 1987[1] to redevelop of one sixth of the area of Cardiff to create Cardiff Bay.
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[edit] Objectives
The Secretary of State for Wales, Nicholas Edwards set out the CBDC's mission statement as:
To put Cardiff on the international map as a superlative maritime city which will stand comparison with any such city in the world, thereby enhancing the image and economic well-being of Cardiff and Wales as a whole.[citation needed]
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.[citation needed]
The CBDC was chiefly responsible for building the Cardiff Bay Barrage, the new shopping and housing developments across the old docks in the 1990s and the Roald Dahl Plass development.
[edit] Achievements
During the CBDC's lifetime 14,000,000 square feet (1,300,000 m2) of non-housing development and 5,780 housing units were built. Around 31,000 new jobs were created and some £1.8 billion of private finance was invested. About 200 acres (81 ha) of derelict land was reclaimed.[2]
The Chairman was Sir Geoffrey Inkin.[3] The first Chief Executive was Barry Lane,[4] who was later succeeded by Michael Boyce.[3]
The CBDC was dissolved on 31 March 2000. The Cardiff Harbour Authority took over the CBDC's management of the barrage, the Inland Bay and the Rivers Taff and Ely on 1 April 2000.
An evaluation of the regeneration of Cardiff Bay published in 2004 concluded that the project had "reinforced the competitive position of Cardiff" and "contributed to a massive improvement in the quality of the built environment". However, the regeneration project had been less successful in generating employment. The evaluation concluded that "the overall outcome, while representing a major achievement and massive step forward, falls short of the original vision."[5]
[edit] References
- ^ "The Cardiff Bay Development Corporation (Area and Constitution) Order 1987". Legislation.gov.uk. The National Archives. 1987. http://www.opsi.gov.uk/si/si1987/Uksi_19870646_en_1.htm.
- ^ Auditor General for Wales (19 June 2001). "Securing the Future of Cardiff Bay". http://www.wao.gov.uk/assets/englishdocuments/Securing_the_future_of_Cardiff_Bay_agw_2001.pdf.
- ^ a b "Cardiff Bay Development Corporation". The Official Documents Website. The Stationery Office. 18 December 1998. http://www.archive.official-documents.co.uk/document/cm41/4157/wo02.htm.
- ^ Darwent, Charles (1 April 1991). "UK: The taming of Tiger Bay. (1 of 2)". Management Today. http://www.managementtoday.co.uk/news/408513/UK-taming-Tiger-Bay-1-2/?DCMP=ILC-SEARCH.
- ^ Esys Consulting Ltd (December 2004). Evaluation of Regeneration in Cardiff Bay. A report for the Welsh Assembly Government.
[edit] Further reading
- Continuing the Regeneration of Cardiff Bay. Cardiff: Wales Audit Office. May 2002. http://www.wao.gov.uk/2002.asp.
