This has always been a 10 year plan. It was announced in 2019 as being a 10 year plan. They have adjusted that here or there as time has went on, saying ahead of schedule, etc. As hoping for completion by end of 2027....which is still almost 2 years away, you can build a lot of buildings in 2 years, especially when most of the dirt work etc is done.
That being said If it is not done in the 10 year timeframe, I would probably get a little concerned depending on what is being done at that point. So if we get past 2029, with little or no progress, I would start asking questions.
That being said expecting construction to start in the middle of winter in Iowa, especially when they have a 2 year window to be finished by the end of 2027 is kind of ridiculous. The Regents just approved the construction of 6 more buildings in December.... 3, winter months ago.