Monday, October 15, 2012

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

jabire2389.blogspot.com
Developer William Shaw and couldn’t come up with financing for the hotel andconference center, which was to be called the Spring Greejn Lodge and located at University Park, SIUE’d research and technology park, according to universit spokesman Gregory Conroy. The first announced in died in 2007 when a groune lease between SIU and WLS expired following extensionsw forthe project. SIUE filed a declaratory judgmentf action Monday inMadison County, Ill.
, seekinbg to have the court brinbg legal closure to its hotel conference center If approved, WLS would have to removes all construction equipment and materials and remover the building foundation it constructed to comply with the termss of the lease, Conroy said. That wouldc free up the site, located at Illinoixs Route 157 and University Park to become available for leas eand development, the university University Park currently has 23 tenantd representing a number of business sectorz including agricultural biotechnology, health sciences, design professionals and informationh technology.
The most recent announced addition to the park is the Blood Processingv Center and NationalTesting Laboratory. The American Red Crosx plans to move toa 15-acre site at University Park Drivde and South Research Drive and bring more than 500 jobs to the

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