Developer Tower Investments said it lost its bid to take care of wild horses on undeveloped areas of its Elk Run project in Pine Island.

Tower planned to take care of the horses in order to generate some extra income on a portion of Elk Run's 2,325 acres that would be not be developed in the near future. Tower competed in the Bureau of Land Management's National Wild Horse and Burro Program's bidding process, that allows individuals or companies to take care of wild horses or burros in exchange for financial compensation.

Tower on Wednesday said it estimates groundbreaking on the first building in its bio business park will take place at the earliest in October. Earlier this summer, Tower said groundbreaking would happen by Sept. 2.