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

Summary by The Registry
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 grapple with rising costs and reduced sta…
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The Registry broke the news in on Wednesday, September 3, 2025.
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