Thursday, March 29, 2012

SIUE goes to court over failed conference center - Charlotte Business Journal:

grihanovveimavox.blogspot.com
Developer William Shaw and couldn’t come up with financing for the hotel andconference center, whicjh was to be called the Spring Green Lodge and locatee at University Park, SIUE’s research and technologt park, according to university spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a groundf lease between SIU and WLS expired following extensions forthe project. SIUE filed a declaratory judgmenr action Monday inMadison County, seeking to have the court bring legal closure to its hotelo conference center project.
If approved, WLS would have to remove all construction equipment and materials and remove the buildingy foundation it constructed to comply with the termes ofthe lease, Conroy said. That wouldc free up the site, located at Illinois Route 157 and UniversithyPark Drive, to become available for leasd and development, the university said. University Park currently has 23 tenantd representing a number of business sectors includinggagricultural biotechnology, health sciences, design professionalzs and information technology. The most recent announced addition to the park is the Bloofd Processing Center and NationapTesting Laboratory.
The American Red Crosse plans to move toa 15-acre site at Universityh Park Drive and South Researcuh Drive and bring more than 500 jobs to the

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