How many phases of the renovation of Hongjialou Square in Jinan?

Three questions. According to the query of Honglou Square in official website, as of July 25th, 2023, Honglou Square is divided into three phases, the first phase has been demolished, and the second and third phases will be built after the first phase is completed. Jinan Honglou Square is located in the east of Jinan, adjacent to Hongjialou Campus of Shandong University. The square started construction on March 1999, and was completed and officially opened to the public on September 28th of the same year. It is 96 meters long from north to south and 233 meters long from east to west, covering an area of 22,400 square meters, with a total investment of 28 million yuan. Honglou Square is the political, economic and cultural center of Licheng District in Jinan.