Baptist is working with city officials on a donation agreement in which the 50-acre campus would be demolished and redeveloped as a residential area. Under the agreement, the city would be responsible for demolition, which could cost up to $18 million.
Paces Foundation is seeking funding to build affordable housing on the site and has pledged to pay Baptist $2.9 million for the land. The city is requesting the hospital put that money toward demolition costs.
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