<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 <PERIOD-START> JAN-1-1997 JAN-1-1998 <PERIOD-END> DEC-31-1997 MAR-31-1998 <CASH> 16,106 19,255 <SECURITIES> 22,756 12,780 <RECEIVABLES> 0 1,981 <ALLOWANCES> 0 0 <INVENTORY> 21,407 25,003 <CURRENT-ASSETS> 62,722 59,233 <PP&E> 276,925 296,365 <DEPRECIATION> (13,546) 15,449 <TOTAL-ASSETS> 331,961 345,799 <CURRENT-LIABILITIES> 54,616 59,412 <BONDS> 0 170,920 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 106,155<F1> 115,467<F1> <TOTAL-LIABILITY-AND-EQUITY> 331,961 345,799 <SALES> 231 278 <TOTAL-REVENUES> 268 305 <CGS> 517 286 <TOTAL-COSTS> 36,420 11,211 <OTHER-EXPENSES> 4,545 218 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0<F2> 0<F2> <INCOME-PRETAX> (31,607) (10,688) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (31,607) (10,688) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (31,607) (10,688) <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0 <FN> <F1>Represents Total Partners' Capital <F2>Interest expense of $34.5 million and $40.5 million has been Capitalized as of December 31, 1997 and March 31, 1998, respectively. </FN>