UPTOWN — A national developer is seeking to turn a parking lot at Weiss Memorial Hospital into a 12-story apartment complex.
Lincoln Property Company is under contract to buy the Weiss parking lot at the corner of Wilson Avenue and Marine Drive, and it wants to build a 314-unit structure, according to Ald. James Cappleman’s (46th) office.
The courtyard-style building would face Wilson Avenue and include 136 parking spaces and a green roof. The developer is trying to get the city’s approval for residential use on what is currently hospital grounds.
Lincoln Property Company plans to include eight affordable units at the building, which is using the address 4600 N. Marine Drive.
That’s one-fourth of the project’s required affordable residences, but the development company plans to partner with Uptown-based Sarah’s Circle to finance about 23 units of local affordable housing, according to Cappleman’s office.
Sarah’s Circle is putting the finishing touches on a facility in Uptown and is planning yet another local building to offer its supportive services for women experiencing homelessness, according to Uptown Update.
RELATED: Weiss Hospitals New Owners Say It Won’t Close, Despite Lawmaker Concerns
The development proposal comes about a year after local elected officials began expressing concern over Weiss Hospital’s parent company’s plans for the Uptown medical campus.
California-based Pipeline Health bought Weiss and two suburban hospitals for $70 million in early 2019. It has since closed Westlake Hospital in Melrose Park, causing some to fear for the future of Weiss Hospital.
Local legislators also learned Pipeline wants to sell the 43,000-square-foot parking lot that runs along Wilson Avenue between Marine Drive and Clarendon Avenue, Block Club reported last year.
Pipeline said last year it plans to invest $25 million into Weiss, including a renovated parking structure, more medical staff and a behavioral health program.
The $90 million building project needs the city’s approval to amend the land-use plans at Weiss’s campus. It will also go before Cappleman’s 46th Ward Zoning and Development Committee.
The parking lot Pipeline seeks to sell sits on prime lakefront land in an area of Uptown that has attracted developer attention for years.
One half-mile west of the Weiss development is the site of Uptown’s latest development, which will bring a 200-unit building to the corner of Wilson and Broadway.
Next to that development project sits the Wilson Theater, which is being turned into the new home of the Double Door, complete with an adjacent 110-unit apartment complex.
At 835 W. Wilson Ave., Brinshore Development is trying to build a 73-unit senior living center.
Subscribe to Block Club Chicago. Every dime we make funds reporting from Chicago’s neighborhoods.
Already subscribe? Click here to support Block Club with a tax-deductible donation.