Posted by Charlene Delaney
A long time in the making, the new California Pacific Medical Center hospital on the corner of Van Ness Avenue between Post and Geary Streets is due to be completed by 2019. It will be state of the art, and a really innovative concept in that all hospital rooms will be private. It will be a showplace, and the area is already bustling with surrounding offices renting to doctors and other related businesses.
For property owners in the area, the impact on value will be good. Doctors, nurses, and all other employees will find it attractive to live in walking distance to their work. Whether it be the rental or sales of properties nearby, values should continue to be strong.
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