<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 16,106 <SECURITIES> 22,756 <RECEIVABLES> 1,931 <ALLOWANCES> 0 <INVENTORY> 2,160 <CURRENT-ASSETS> 42,593 <PP&E> 276,925 <DEPRECIATION> 13,546 <TOTAL-ASSETS> 316,969 <CURRENT-LIABILITIES> 39,361 <BONDS> 171,190 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 106,418<F1> <TOTAL-LIABILITY-AND-EQUITY> 316,969 <SALES> 517 <TOTAL-REVENUES> 527 <CGS> 517 <TOTAL-COSTS> 28,095 <OTHER-EXPENSES> 3,868<F2> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0<F3> <INCOME-PRETAX> (31,436) <INCOME-TAX> 0 <INCOME-CONTINUING> (31,436) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (31,436) <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>Represents Total Partners' Capital. <F2>Net of Equity in losses of affiliates and interest income. <F3>$24,060 if interest expense was Capitalized. </FN>