Colloquially called a "suicide lane".
Having just a general all-purpose two-directional left-turning lane looks incomprehensibly dangerous to me.
When evaluating the danger of such a design, you have to consider the alternatives. You’re probably considering 3/4 head on collisions from drivers misjudging the turn. Those happen, but how many rear-end collisions are avoided?
They are about improving throughput.
What makes them dangerous, particularly in the five lane configuration, is the poor visibility for crossing uncontrolled intersections of multiple traffic lanes.
There's a stroad on Staten Island that scares the crap out of me - Hylan Blvd. I have family that live on it. It's six lanes with a median, but sometimes and in certain places parking is allowed in the outermost lanes. So you can suddenly come up on parked traffic but only at certain times of day in certain places. It's totally insane.
To get in the driveway, you have to loop the block to the closest light, wait for the green, and then drive halfway down the block and back-in before the light changes and traffic starts up. It's quite stressful.
[1]: https://www.wikihow.com/Use-the-Center-Turning-Lane