Oakland, Calif.-based Kaiser Permanente has nixed plans for an estimated $500 million facility and intends to sell the 1.6 acre parcel of land meant for the facility in Yesler Terrace, a neighborhood in Seattle.
The health system shared plans for the project in 2020, which was delayed due to the COVID-19 pandemic. It purchased the land for just over $38 million, a spokesperson for Kaiser confirmed with Becker's May 15.
At the time, Kaiser Permanente hoped to use the land to develop a nine-story medical facility, with plans to open it in 2024.
"The sale will not result in any changes to patient care or daily operations for Kaiser Permanente, and we will continue to serve our members at our Kaiser Permanente Capitol Hill Medical Center and at locations across the state," the spokesperson for Kaiser said in a statement shared with Becker's.