Magellan Development Group would like to update the Lakeshore East community, regarding the hotel at Aqua.  Last week it was reported that the Aqua had finalized a deal with Kimpton Hotels. While Kimpton Hotels would be a welcome additional to the Lakeshore East community, this report was premature. The Aqua does not have an agreement with any hotel at this time. In fact, Aqua is in active discussions with a number of hotel entities and is hopeful a deal can be announced shortly. We will continue to keep the community updated and look forward to announcing a transaction when it is appropriate.