Cardiff Bay - CUE Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Urban regeneration

A
  • 1,100 hectare of derelict dockland
  • cost £2.4bn, barage cost £220 million
  • 1:4 = public:private investment
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2
Q

Issues

A
  • ‘tiger bay’, accounted for 2% of total spending
  • too expensive for locals
  • provided community facilities BUT more crime and loss of cultural identity
  • increased income BUT increased living cost, taxes
  • improved assets, regulations, landscaping
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3
Q

What was created

A
  • 17,000 jobs
  • lloyd george avenue regenerated
  • 5000 new homes
  • bbc studios, sports village (£700mill), dr who museum
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4
Q

Benefits to business

A

350% increase in business rate after the regeneration

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