Tracy Gilmur, Sundance's marketing director, says "at this point we don't know that it's not going to happen." The Bank One Building is set to open in March 2002.

A CoServ insider tells GlobeSt.com that the firm still "believes" in the viability of the Sundance Square project. But, he adds, CoServ is "still in the process of evaluating all of our options in light of the Chapter 11."

Sundance and CoServ, a bundled utility provider based in Corinth, TX, signed the deal in late October 2000 to deliver services to the buildings' 118 residential and 120 commercial and retail tenants. CoServ was the only provider willing to bring high-speed connections to all 24 buildings, regardless of size. The CBD square is laced with two- to 12-story structures intermingled with the usual high-rise fare. CoServ was to use fiber-optic cabling, small rooftop satellite dishes and copper cabling techniques for the hookups, carefully tailoring the connection to the building since the square has a good size stock of historic structures.