It is now being styled the Elephant Knowledge Park. The owner/developer is a Surin business man/influential person. His wife runs the Kid Teung Coffee Shop where I meet up with friends to put the world to rights most mornings.
The development has been underway for more than three years. The Boss plays his cards very close to his chest when asked about the time-line. He recently told me that the Museum part (Knowledge Park) could be open within a year but the rest maybe another two or three. He is certainly taking his time and having the work done to a very high standard. As you said, Wombat, lots of wood.
As well as the Knowledge Park there will be a boutique hotel, a shopping centre (the escalators are already installed!) and a multi-story car-park.
As regular readers will know, Air Asia now use this site as their Buri Ram airport shuttle bus pick up and drop off point.