<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 45,394 <SECURITIES> 0 <RECEIVABLES> 1,030 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 51,840 <PP&E> 90,804 <DEPRECIATION> 35,899 <TOTAL-ASSETS> 290,584 <CURRENT-LIABILITIES> 7,536 <BONDS> 305,718 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11 <OTHER-SE> (28,544) <TOTAL-LIABILITY-AND-EQUITY> 290,584 <SALES> 20,076 <TOTAL-REVENUES> 20,076 <CGS> 0 <TOTAL-COSTS> 94,002<F1> <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 25,657 <INCOME-PRETAX> (98,894) <INCOME-TAX> 0 <INCOME-CONTINUING> (98,894) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (1,868)<F2> <NET-INCOME> (100,762) <EPS-PRIMARY> (9.42) <EPS-DILUTED> (9.42) <FN> <F1>Includes impairment of goodwill of $46.4 million. <F2>Due to adoption of SOP 98-5, "Reporting on the Costs of Start-up Activities". </FN>