Baum Revision, LLC was formed through the combination of Baum Development, LLC and Revision Group, LLC as the result of a shared mission to build a portfolio of signature projects in urban environments that represent the principals' commitment to social responsibility, preservation, and sustainability. We take a triple bottom line approach by focusing not only on the financial return on investment, but also by taking great pride in contributing positively to the communities in which we work and by protecting the environment through sustainable development. We believe that making economically, socially and environmentally responsible decisions are vital to the assets in which we invest, the communities where we invest and ultimately, to our success as a company.
Our portfolio today represents a capitalization of approximately $143MM and includes all asset classes located throughout the United States totaling over one million square feet across approximately 40 projects. Our experienced and talented executive team has over 50 years of collective real estate investment and development practice. This acumen, knowledge and creativity allow us to execute development projects that others deem unfeasible and achieve superior risk-adjusted returns over the long-term. We enjoy working with like-minded tenants and partners that have a continual goal of creating enduring and unique assets.
+ Awards and Recognition
We are proud to have received numerous awards, including the following:
- 8 Good Neighbor Awards from the Chicago Association of Realtors (CAR)
- 2 Preservation Excellence Awards from the City of Chicago for work in adaptive reuse and historic preservation
- The Bruce Abrams Award for the Development of the Year (2012), from CAR for Green Exchange
- The Outstanding For-Profit Project Award (2013) from the Chicago Neighborhood Development Awards (CNDA) for the Green Exchange
- LEED Platinum Certification for Green Exchange, certified by the US Green Building Council (USGBC)
- The Historic Preservation Award for Rehabilitation (2013), personally awarded to David Baum from the Village of Highland Park for the renovation of his home
+ Social Responsibility, Sustainability, and Preservation
We want every project to have a positive impact on the community in which we develop and the world at large. We hope to bring new vibrancy to forgotten structures. We are passionate about sustainability and focus on the adaptive reuse of existing buildings so as to minimize the environmental impacts of new construction. We believe that the greenest building you can build is the one you don't tear down and that the building choices we make today should not have a negative impact on tomorrow’s generations. By practicing sustainable development, we are positively contributing to the future of our communities and our planet.
New ideas and industries emerge from old buildings. Our objective is to honor the architecture and the features from those periods that came before us while at the same time, making spaces within those structures affordable and tenantable to those who dare to be different, who yearn for independence, and desire to create tomorrow's important products and industries. We have found that reactivating viable spaces for tenants within our historic buildings not only benefits the subject project itself, but the surrounding community as well.
By preserving our past we are building a better future.