While the Station Hill project looks like being scaled down and other proposals for developments either on hold or now in dreamland, one new building scheme seems to be defying all logic.
Circle Reading, a £50m hospital going up near the Hilton Hotel will provide 200 jobs. It operates as a workers’ co-operative and will take NHS and private patients.
Circle was unable to get the funding to start building a few years ago and it looked as though this project was never going to happen. Now it is due to open in Autumn 2012.
One the face of it, for this to be happening now is not only good for the economy and patients but for business life in general since a co-op has to be a welcome change after all the misery brought upon us by traditional business practice.
Or is this all too good to be true?