<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                                    6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                      45,690,358
<SECURITIES>                                29,121,327
<RECEIVABLES>                                  309,830
<ALLOWANCES>                                    35,004
<INVENTORY>                                          0
<CURRENT-ASSETS>                            75,325,824
<PP&E>                                     203,179,808
<DEPRECIATION>                              13,859,345
<TOTAL-ASSETS>                             269,670,279
<CURRENT-LIABILITIES>                       10,879,162
<BONDS>                                    181,223,473
<PREFERRED-MANDATORY>                      135,553,249
<PREFERRED>                                          0
<COMMON>                                           170
<OTHER-SE>                                (57,985,775)
<TOTAL-LIABILITY-AND-EQUITY>               269,670,279
<SALES>                                      2,404,401
<TOTAL-REVENUES>                             2,404,401
<CGS>                                        1,553,591
<TOTAL-COSTS>                               12,411,803
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           (893,302)
<INCOME-PRETAX>                           (12,454,295)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                       (12,454,295)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (12,454,295)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0