Brooklyn Hospital Center announced it'll team with a developer to create 1,000 units of housing on the site and an outpatient medical facility with 24-hour emergency services.
Three-hundred-fifty of the units would be "affordable." The rest would be market value.
The proposal provides an alternative to one by the Fortis Property Group and Manhattan-based NYU Langone Medical Center. That proposal would replace the hospital with luxury condos and an outpatient facility with emergency services.
The State University of New York board oversees LICH. It's scheduled to meet Tuesday to decide the hospital's fate.
A SUNY spokesman declined to comment.