Will the second phase of Xu Shui Dongfanghong City be built this year?

Xu Shui Dongfanghong City Phase II started this year. Dongfanghong City is next to the northeast of the intersection of Zhenxing Road and Juyuan Street, and its subordinate areas are Xu Shui and Xu Shui. The physical object is well developed, with the house price of 4 100.0 yuan/m2, the property right period of 70 years, the land area of 78,497.00 m2, the building land of 246,350.26 m2, 24 buildings, 1780 households, and the plot ratio of 40.