Well, earlier announcements and rumours had it by end of this month (1st half of 2005) but as of 12 March, this seems to have been pushed back to end of this year.
http://213.131.169.243/main.asp?page=709 Someone mentioned construction labour shortage was a problem.
Somewhat similar, the Whistler property is supposed to be open this month but not likely for another 2 (and this one is only a reno).