Wednesday, February 6, 2013

SIUE goes to court over failed conference center - Silicon Valley / San Jose Business Journal:

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Developer William Shaw and couldn’t come up with financing for the hotelo andconference center, which was to be called the Sprin Green Lodge and located at University SIUE’s research and technology park, accordin g to university spokesman Gregory Conroy. The project, first announcecd in 2004, died in 2007 when a ground lease between SIU and WLS expired following extensions for the SIUE filed a declaratory judgment action Monday inMadison Ill., seeking to have the court bring legal closure to its hotel conference center project.
If WLS would have to remove all constructiojn equipment and materials and remove the buildinyg foundation it constructed to comply with the terms of the Conroy said. That would free up the located at Illinois Route 157 and UniversityuPark Drive, to become available for lease and the university said. University Park currently has 23 tenantsz representing a number of business sectorsz includingagricultural biotechnology, health sciences, design professionals and informationb technology. The most recent announced addition to the park is the Blooxd Processing Center and NationalTesting Laboratory.
The Americanm Red Cross plans to move toa 15-acrwe site at University Park Drive and Sout Research Drive and bring more than 500 jobs to the

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