The project, known as IntoOutdoors, combines traditional stores with outdoor attractions such as two fishing lakes, a cycle track for casual riders and a skateboard park.
Rule 240 of the Highway Code lists a series of places where motorists must not wait or park, including motorway hard shoulders and cycle lanes, but it does not mention bus stops.
Plans to turn Highwood Road into a "linear park" with green spaces and bus and cycle lanes were originally agreed in 2002.
It closed as a commercial waterway in 1925 but since 1971 it has been restored as a country park and forms part of the West Country Way cycle route which runs from Padstow in Cornwall to Bristol.
The historic site opened as a public park in May and now it attracts visitors who come to cycle, skate, jog and fly kites.
Signor has been active in Texas real estate and energy businesses (depending on the cycle) since the early 1990s, and was working on an industrial park in South Texas when he saw the spartan state of temporary housing that was springing up to house drilling workers in the fast-developing oilfields there.
FORBES: Building A Better Man Camp Means Growth For Signor Development Group
The cash will pay for two new junctions and more bus and cycle routes around the motorway south of Reading, and will pave the way for a park and ride site.
BBC: NEWS | UK | England | Berkshire | Green light for ?65m M4 project
Its scheme, which also suggests greater use of park-and-ride schemes, and better co-ordination of bus, cycle and train routes, is a response to Cardiff council's own local development plan.
The dedicated cycle trails in town are a good idea, but often seem to be an afterthought where cars frequently drive on them, or park and block them, or pedestrians use them instead and defeat the purpose of a dedicated cycle trail.
Events will also take place on New Year's Day, including sled dog races at Holyrood Park and a triathlon which will see competitors swim 400 metres of the Royal Commonwealth Pool, cycle 11 miles around Arthur's Seat and then run 3.5 miles.
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