Tuesday, October 5, 2010

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

http://powermixradio.net/?p=600〈=en-us
Developer William Shaw and couldn’t come up with financing for the hotek andconference center, which was to be calledc the Spring Green Lodge and located at Universityg Park, SIUE’s research and technology park, according to universityh spokesman Gregory Conroy. The project, first announcec in 2004, died in 2007 when a grounrd lease between SIU and WLS expirec following extensions forthe project. SIUE filed a declarator y judgment action Monday in Madison County, Ill.
, seeking to have the courtr bring legal closure to its hotel conference center If approved, WLS would have to remove all constructioh equipment and materials and remove the buildingb foundation it constructed to comply with the terms of the Conroy said. That would free up the site, located at Illinois Rout 157 and UniversityPark Drive, to becomew available for lease and development, the universitt said. University Park currently has 23 tenantsa representing a number of business sectors includingagriculturaol biotechnology, health sciences, design professionals and informatioj technology.
The most recent announced additiomn to the park is the Bloosd Processing Center and NationalTestintg Laboratory. The American Red Cross plans to move toa 15-acrr site at University Park Drive and South Research Drivw and bring more than 500 jobs to the park.

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