[Pedestrian]

California Pacific Medical Center set to become heart of corridor
By Mary Ann Azevedo – Contributor, San Francisco Business Times
Sep 13, 2018, 12:34pm

In March, a $2 billion hospital will open on Van Ness Avenue and Geary Street, likely the most expensive medical project to ever open in the city.

California Pacific Medical Center (CPMC) campus promises to deliver more than health care. The neighborhood is seeing new medical office and housing developments to support the Sutter Health project.

Construction of the 700,000-square-foot hospital is nearly complete, and equipment and furnishings are being brought into the building . . . .

Other indirect impacts are the number of projects popping around the hospital, including the Bus Rapid Transit development under construction, a connected medical office building and several housing projects.

The Van Ness Avenue Bus Rapid Transit (BRT) project will create dedicated bus lanes along two miles of Van Ness and South Van Ness Avenues, from Lombard to Mission streets. The lanes will speed up travel times on Muni and Golden Gate Transit by 32 percent. Service is expected to begin in early 2021.

The hospital will be supported by a nine-story, 250,000-square-foot medical office building being developed by San Diego-based PMB. The building, located at 1100 Van Ness, will also include a six-level, 383-space underground structure that will serve the medical office building and the hospital. The two facilities will be connected underneath Van Ness so that patients and doctors can safely go back and forth without having to cross the street, noted Jim Rohan, senior vice president of development for PMB . . . .

Sutter is leasing 78 percent of the building.PMB recently signed a lease with Walgreens and has a lease pending with Starbucks, in addition to leases with two other major hospital medical groups. The building is now 83 percent leased . . . .

Residential developers are bullish on the area, too.

Build Inc. has approvals to construct 137 rental units in 12 stories on 830 Eddy St. Build’s Founding Partner Lou Vasquez is waiting on building permits. Demolition is slated for the first quarter with completion aimed for the third quarter of 2019 . . . .

https://www.bizjournals.com/sanfranc...861&j=83824321