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Swedish Medical Center Halts $900MM Block 95 Tower Development in Seattle Amid Rising Healthcare Costs

September 3, 20252 Mins read1.2k
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Swedish proposed Block 95 tower
Rendering by Perkins&Will
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Financial pressures force Seattle hospital system to prioritize seismic safety upgrades over expansion plans Swedish Medical Center is putting the brakes on its ambitious Block 95 development, a planned 900,000-square-foot outpatient facility that was slated to anchor the hospital system's First Hill expansion. The decision reflects mounting financial pressures across the healthcare industry as providers […]

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