<ARTICLE> 5
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                          19,255
<SECURITIES>                                    12,780
<RECEIVABLES>                                        0<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                      4,269<F2>
<CURRENT-ASSETS>                                36,304
<PP&E>                                         282,819
<DEPRECIATION>                                   1,903
<TOTAL-ASSETS>                                 326,684
<CURRENT-LIABILITIES>                           39,992
<BONDS>                                        172,015
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     115,772<F3>
<TOTAL-LIABILITY-AND-EQUITY>                   326,684
<SALES>                                            215
<TOTAL-REVENUES>                                   220
<CGS>                                              215
<TOTAL-COSTS>                                    9,076
<OTHER-EXPENSES>                                 1,790
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0<F4>
<INCOME-PRETAX>                               (10,646)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (10,646)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (10,646)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>The company has no trade accounts receivable.
<F2>Amount represents inventory and other current assets.
<F3>Represents total partners' capital.
<F4>$6,000 interest expense have been capitalized.
</FN>