Philosophy

Baum Revision, LLC develops transformative projects that produce a positive impact in their respective communities. These projects 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 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 mission is to reimagine and redevelop buildings into authentic and meaningful communities with an emphasis on art, history and architecture that provide the people they serve the inspiration and resources to expand their businesses and lives.

The company’s body of work since inception represents a capitalization of over $350MM on more than 100 projects across 11 states totaling 5.4MM square feet. Projects include every major real estate product type including office, mixed use, multi-family and industrial. Our 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 environments.

+ Awards and Recognition

We are proud to have received numerous awards, including the following:

  • Mixed Use Award of Merit by IIDA Southwest PRIDE Awards 2020
  • The 2020 Historic Restoration Award, The by the Wisconsin Historical Society. The Award goes to the best restoration work of a Wisconsin historic property that involves comprehensive work to restore a historic building, structure, object, or site
  • The 2020 WI AIA Merit Design Award by Wisconsin Architect Magazine features the work of Wisconsin architects. AIA Wisconsin hosts an annual Design Awards competition that offers architect members of AIA Wisconsin the opportunity to submit their best work
  • The 2020 Historic Preservation Award for Adaptive Reuse from the Madison Trust for Historic Preservation.
  • The 2020 Commercial Development Award Best New Development or Renovation - Mixed Use: Garver Feed Mill from In Business Magazine
  • 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 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
  • The Bruce Abrams Award for the Development of the Year (2012), from CAR for Green Exchange

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 hope to build a better future.