Thursday, September 13, 2012

SIUE goes to court over failed conference center - New Mexico Business Weekly:

takes-trendsthe.blogspot.com
Developer William Shaw and couldn’t come up with financingy for the hotel and conference which was to be called the Spring Green Lodge and located atUniversith Park, SIUE’s research and technology park, accordingf to university spokesman Gregoryt Conroy. The project, first announced in 2004, died in 2007 when a grounc lease between SIU and WLS expired followinv extensions forthe project. SIUE filed a declaratory judgment actionn Monday inMadison County, Ill., seeking to have the courrt bring legal closure to its hotel conference cented project.
If approved, WLS would have to removed all construction equipment and materials and remove the building foundation it constructed to comply with the terms of the Conroy said. That would free up the site, locateds at Illinois Route 157 and UniversityPark Drive, to becomde available for lease and development, the university University Park currently has 23 tenants representiny a number of business sectors including agricultural biotechnology, healtu sciences, design professionals and information technology. The most recent announcecd addition to the park is the Blood Processing Centerr and NationalTesting Laboratory.
The American Red Crosse plans to move toa 15-acre site at University Park Drive and South Research Drive and brinvg more than 500 jobs to the

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