Sunday, March 18, 2012

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

jiqatili.wordpress.com
Developer William Shaw and couldn’t come up with financinh for the hotel andconference center, whicyh was to be called the Spring Green Lodger and located at University Park, SIUE’sw research and technology park, according to university spokesman Gregory The project, first announced in died in 2007 when a ground lease between SIU and WLS expiref following extensions for the project. SIUE filed a declaratorgy judgment action Monday inMadisonb County, Ill., seeking to have the courg bring legal closure to its hotel conferencee center project.
If approved, WLS would have to removre all construction equipment and materials and remove the building foundation it constructed to complhy with the terms ofthe lease, Conroyy said. That would free up the site, located at Illinoid Route 157 and UniversityPark Drive, to become availabled for lease and development, the universityh said. University Park currently has 23 tenantx representing a number of business sectora includingagricultural biotechnology, health sciences, design professionals and informationh technology. The most recent announced additiobn to the park is the Blood Processing Center and National Testing Laboratory.
The American Red Cros plans to move toa 15-acre site at Universityg Park Drive and South Researchu Drive and bring more than 500 jobs to the

No comments:

Post a Comment