The intermediary got a really good deal County says development firms flip of 42M Broadway Crisis Care Center property squares up

King County's $42 million acquisition of the Broadway and Union medical facility aims to establish a mental health Crisis Care Center by 2027, despite concerns about a $10 million profit for Guntower Capital. Officials argue the price reflects fair market value, noting an appraised value of $41. 3 million, while critics, including council member Rod Dembowski, question the fairness of the deal. The project responds to a pressing need for mental health services in Seattle, where many individuals struggle to access care. Funded by a voter-approved levy, the initiative seeks to create five crisis care centers and expand mental health services across the county.

The county council is also working to ensure compliance with public safety requirements and community oversight for the facility. The Crisis Care Center will provide vital services, including 24/7 walk-in care and stabilization beds for individuals in crisis. As Guntower Capital prepares to close the deal, scrutiny remains over the awarding of operational contracts for the center. This project underscores the urgent need for improved mental health resources in the region.