This appears to be iron chlorosis, which is likely due to high soil pH (which essentially limit iron available to the plant). Red maples, like this tree, are particularly sensitive to this issue. If high pH is indeed the issue, there isn't much that can be done for the tree other than planting a tree in that location that can better tolerate higher pH soils. You can't lower the pH enough around the tree to make any lasting difference. However, technically there are applications you can make to increase the iron in the soil in a certain area, but they are expensive and have to be applied annually.

Before considering any soil application or alternative plantings, I would advise testing the soil in this area to determine soil pH, along with other soil factors.

Here is a link to MSU soil test site:

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