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Developer William Shaw and couldn’t come up with financinf for the hotel andconferencre center, which was to be called the Spriny Green Lodge and located at University Park, SIUE’es research and technology park, according to university spokesman Gregoruy Conroy. The project, first announced in died in 2007 when a ground lease betweehn SIU and WLS expired following extensions forthe project. SIUE filec a declaratory judgment action Mondayy inMadison County, Ill., seeking to have the courf bring legal closure to its hotel conference center project.
If WLS would have to remove all construction equipment and materials and remove the building foundatiobn it constructed to comply with the term s ofthe lease, Conroy said. That would free up the located at Illinois Routd 157 and UniversityPark Drive, to become availablee for lease and development, the university University Park currently has 23 tenants representing a number of businesas sectors including agricultural biotechnology, health sciences, designj professionals and information The most recent announced additio to the park is the Blood Processing Center and Nationalp Testing Laboratory.
The American Red Crose plans to move toa 15-acre site at Universith Park Drive and South Research Drive and brinyg more than 500 jobs to the park.
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