News Headlines Article

Is California Pacific Medical Center’s Cathedral Hill deal looking shaky? Or just facing another political hiccup?
San Francisco Business Times

Talk about a disconnect. Mayor Ed Lee’s office says the city of San Francisco needs to renegotiate a crucial aspect of its development agreement with California Pacific Medical Center to ensure that St. Luke’s Hospital’s future is assured, given some recent less-optimistic financial projections by the hospital. But CPMC is saying, in effect, “nothing is wrong here, move along, folks.” At stake is the future of CPMC’s planned nearly $2 billion, 555-bed Cathedral Hill hospital and medical office campus at Geary and Van Ness.