The Cardiff Bay reference article from the English Wikipedia on 24-Jul-2004
(provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Cardiff Bay

Sponsorship the way you would do it
Cardiff Bay is the regeneration area created by the Cardiff Barrage which impounded two rivers to form a new freshwater lake around the former dockland area south of the city centre of Cardiff in south Wales.

The Cardiff Bay Development Corporation was created in 1987 to stimulate the redevelopment of the rundown area. With the exception of a few historic buildings (the Pierhead building, the Norwegian Church and a warehouse or two), most of the historic quayside areas have been, or will be, lined with new developments including housing, shops, offices, restaurants, a cinema and other leisure facilities.