Here's a little more detail on the deal, from SFGate
According to the deal with California Pacific Medical Center, the city will allow the group to build and renovate five facilities in return for the following:
-- $86 million in annual charitable care
-- $62 million for affordable housing
-- $20 million to help community health care institutions form managed-care networks
-- $20 million for Muni facilities and service
-- $13 million for pedestrian safety and streetscape improvements
-- There will also be a cap on premium increases for city employees and retirees.
has other details as well. BTW, the $1.1B figure mentioned above (I've also seen $2.5B; what's an extra billion among friends?) includes economic impact from construction.
As long as the city was going to put the squeeze on them, I'm glad they included funding for Muni, which I assume is for Van Ness BRT, and streetscape improvements. Hopefully the later is enough to improve more than the block in front of the hospital. Van Ness has the potential to be a really good boulevard.