If the county secures an operator, how soon before LDG could break ground?
The Montgomery County approval process for Phase 1 (the music center) and the future project could take 12 to 18 months. In partnership with Montgomery County, LDG hopes to be in a position to break ground on Phase 1 in 2009. There is a strong probability that the rest of the future project would not be built for several years after the delivery of the music center due to market conditions and construction costs. Lee Development can not afford to build the other future buildings without them being pre-leased.