Wednesday, February 15, 2012

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

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Developer William Shaw and couldn’t come up with financing for the hotel andconference center, whichj was to be called the Spring Green Lodge and located at Universithy Park, SIUE’s research and technology according to university spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a ground lease between SIU and WLS expired followinh extensions forthe project. SIUE filed a declaratory judgmenr action Monday inMadison Ill.
, seeking to have the court brinhg legal closure to its hotel conference center If approved, WLS would have to remove all construction equipment and materials and remove the building foundationm it constructed to comply with the terms of the Conroy said. That woulx free up the site, located at Illinois Routse 157 and UniversityPark Drive, to become availablse for lease and development, the university said.
Universit y Park currently has 23 tenants representing a numbeer of business sectors includingagricultural biotechnology, health sciences, design professionals and information The most recent announcecd addition to the park is the Blood Processing Centerr and National Testing Laboratory. The Americaj Red Cross plans to move toa 15-acre site at Universituy Park Drive and South Research Drive and brinfg more than 500 jobs to the

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