Phases 2 and 3 of the Project call for a greater expansion into retail, dining, healthcare, commercial, and residential verticals. Plans include development of a premium hotel, football themed waterpark, a mixed use research/development office building, retail/residential promenade, and healthcare campus. Phase 2 of the development is expected to begin in 2020.
Officials say Phase 2 of the project is also expected to be completed in 2022.
Remember phase 2 already started before the merger completed. You can look at google map to see the development. They are in the process of clearing the land. So yes to answer your questions the funds have been received and the expansion and construction has already commenced.
Lastly although the time line for construction might have been delayed there revenue streams forward projected profits are going to many times greater then expected. As it wont be contingent on the completion of project.
Once they have completed the following in the next 24 months expect the revenues to be 20X then what was presented to share holders.
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