The vacant Frank Cuneo Memorial Hospital in Chicago’s Uptown neighborhood faces demolition to make way for the $220 million “Maryville” residential project, but the developer of Chicago’s Green Exchange has a plan to save the 1957 Edo Belli-designed building. David Baum, of Baum Development, said his plan to turn Cuneo into a neighborhood hub for Uptown’s artistic community would not require any subsidies. The rival plan from JDL Development calls for luxury apartments and $32 million of TIF funding.
But the two may not be mutually exclusive. JDL’s plan calls for development along the west side of Clarendon Avenue, while Cuneo is on the east. Baum’s plan awaits the approval of an architectural engineer who could vet the building’s structural integrity and help solidify plans for redevelopment.