<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 82,140 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 59 <CURRENT-ASSETS> 89,592 <PP&E> 346,513 <DEPRECIATION> 176 <TOTAL-ASSETS> 468,700 <CURRENT-LIABILITIES> 30,738 <BONDS> 403,393 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27,236 <TOTAL-LIABILITY-AND-EQUITY> 468,700 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 11,735 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 22,657 <INCOME-PRETAX> (26,112) <INCOME-TAX> 0 <INCOME-CONTINUING> (26,112) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (26,112) <EPS-BASIC> 0 <EPS-DILUTED> 0