A direct route between the Globe roundabout and the Bristol to Bath path will not happen for the present.
What is happening is a connecting link at the 'Twerton fork' - between the recently built shared use path alongside the A4 dual carriageway and the Bristol to Bath path. This will be built and opened in Winter 2014-15.
While this is less useful for people travelling in the Bristol direction it will greatly strengthen the off-road cycle route between the city centre and Newton Park.
Bath Spa Bicycle User Group