Lloyd George Avenue

Lloyd George Avenue looking north
Lloyd George Avenue development won for its contractors Norwest Holst, the Arts & Business Cymru Award for Best Sponsor of New Work in 2001

Lloyd George Avenue is an avenue in Cardiff, Wales. Roughly one mile long, the road links the Inner Harbour of Cardiff Bay to Cardiff city centre and forms part of the A470 road. It runs parallel to Bute Street and the Butetown Branch Line. Landscaping on the route was completed in 2000, and Collingdon Road was renamed after Liberal prime minister David Lloyd George.

The original concept, a scheme by Cardiff Bay Development Corporation (CBDC), envisaged the removal of the railway line along Bute Street to create a continental-style boulevard, initially named Bute Avenue, with a Light Rapid Transit system, a park and recreational facilities. The Welsh Office required the CDBC to use the Private Finance Initiative to construct Bute Avenue. Due to high costs, the LRT element of the project was abandoned, but a new road was built as part of a £120 million PFI scheme.[1][2] After the wind-up of the CBDC in March 2000, all property rights and liabilities for the Bute Avenue project transferred to the Welsh Development Agency.

In 2011 the Welsh Government revealed that the full cost of the PFI scheme, including its 25-year payback period, would be £188.8 million. This includes the 350 neighbouring houses, some shops, commercial development and a small section of new road surrounding Callaghan Square.[3]

Although officials from the Welsh Development Agency and the City and County of Cardiff have examined various options for the completion of the original boulevard scheme,[4] as of 2011 no progress has been made.

Notes

  1. ↑ "Auditor General for Wales Report: Continuing the Regeneration of Cardiff Bay" (PDF). Retrieved 2013-08-11.
  2. ↑ NOR19838 CIVIL ENGINEERING W/C Archived 6 October 2006 at the Wayback Machine.
  3. ↑ Walesonline.co.uk (article published in Western Mail) Treasury reveals Cardiff's Lloyd George Avenue set to cost taxpayers up to £189m 7 September 2011 (retrieved 5 October 2011)
  4. ↑ http://www.cardiff.gov.uk/objview.asp?object_id=1933
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Coordinates: 51°28′11″N 3°10′04″W / 51.46969°N 3.16789°W / 51.46969; -3.16789

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