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What's next for the old Children's Memorial Hospital site in Lincoln Park?

Everyone has been curiously silent on the subject of Children’s Memorial Hospital moving from Lincoln Park to Streeterville. The new downtown digs won’t open until about 2011, and the city hasn’t yet decided where exactly the new hospital will be located. Can anyone share any inside information / pure speculation about what is going to happen to the old Lincoln Avenue-Fullerton Parkway site(s)?

We’re guessing there are a lot of sleepless developers pacing their penthouses thinking about this piece of land, and plenty of residents preparing to do battle with anybody who suggests throwing up a big condo development. We’ll put in a call to the alderman’s office and see if anything is in the works.

Perhaps city planners need to use some imagination and think about the neighborhood’s future needs. How about a correctional facility for white-collar criminals? Rehab for hedge-fund traders? Other suggestions?

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