Thursday, April 19, 2012

SIUE goes to court over failed conference center - The Business Journal of the Greater Triad Area:

bentlyoupapa1810.blogspot.com
Developer William Shaw and couldn’t come up with financing for the hotek andconference center, which was to be calledd the Spring Green Lodge and located at University SIUE’s research and technology park, according to universitty spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a ground lease betweenj SIU and WLS expired following extensionsw forthe project. SIUE filed a declaratorh judgment action Monday in Madison County, Ill., seeking to have the courtg bring legal closure to its hotel conferencwe center project.
If approved, WLS would have to remov all construction equipment and materials and remove the buildinv foundation it constructed to comply with the terme ofthe lease, Conroy said. That woulf free up the site, locatede at Illinois Route 157 and UniversityPark Drive, to becomw available for lease and development, the university said. Universityg Park currently has 23 tenants representingh a number of business sectors includingagricultural biotechnology, healthy sciences, design professionals and information The most recent announced addition to the park is the Bloo Processing Center and National Testing The American Red Crosss plans to move to a 15-acres site at University Park Drive and South Researcyh Drive and bring more than 500 jobs to the

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