SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C. 20549

                                 FORM 10-QSB

Quarterly Report under Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the quarterly period ended June 30, 2001

Commission file number 333-41636


COR DEVELOPMENT, LLC
--------------------------------------------------------------------------------
Exact name of small business issuer as specified in its charter)

	Kansas						48-1229527
-----------------------------			------------------------------------
	(State or other jurisdiction		(IRS Employer Identification Number)
	of incorporation or organization)


13720 Roe
Leawood, Kansas 66224

----------------------------------------
(Address of principal executive offices)


					913-897-0120
                ------------------------------------------------
                (Issuer's telephone number, including area code)


Check whether the issuer  (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing  requirements for the past 90 days.

Yes  [X]      No  [ ]


APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:

As of June 30, 2001, the issuer had outstanding 252,350 common units and 596,803
preferred units.


<PAGE>   1
INDEX
<TABLE>
<S>                                                                     <C>
PART I FINANCIAL INFORMATION  ...........................................4

Item 1. Financial Statements  ...........................................4

Statement of Assets and Liabilities as of
June 30, 2001 (unaudited)................................................4

Statement of Revenue and Expenses January through
June 30, 2001 (unaudited) ...............................................6

Item 2. Management's Discussion and Analysis or Plan
Of Operation) ...........................................................6

PART II OTHER INFORMATION  ..............................................7

Items 1 Legal Proceedings  ..............................................7
Items 2 Changes in Securities and Use of Proceeds  ......................7
Items 3 Defaults Upon Senior Securities  ................................8
Items 4 Submission of Matters to a Vote of Security Holders  ............8
Items 5 Other Information  ..............................................8
Items 6 Exhibits and Reports on Form 8-K  ...............................9
</TABLE>
<PAGE>   2

CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-QSB and the information incorporated by
reference may include "forward-looking statements" within the meaning of
Section 27A of the Securities Act, as amended, and Section 21E of the
Exchange Act, as amended. In particular, your attention is directed to Part I,
Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operation. We intend the disclosure in these sections and throughout
the Quarterly Report on Form 10-QSB to be covered by the safe harbor provisions
for forward-looking statements. All statements regarding our expected financial
position and operating results, business strategy, financing plans and the
outcome of any contingencies are forward-looking statements.  These statements
can sometimes be identified by our use of forward-looking words such as  "may,"
"believe," "plan," "will, "anticipate," "estimate," "expect," "intend" and other
phrases of similar meaning.  Known and unknown risks, uncertainties and other
factors could cause the actual results to differ materially from those
contemplated by the statements.  The forward-looking information is based on
various factors and assumptions.

Although we believe that our expectations that are expressed in these
forward-looking statements are reasonable, there can be no assurance that our
expectations will turn out to be correct. Our actual results could be materially
different from our expectations, including the following:

      general economic and business conditions, both nationally and in the
      regions in which we operate;

      demographic changes;

      existing governmental regulations and changes in, or the failure to comply
      with, governmental regulations;

      our ability to manage the contemplated construction and to find tenants to
      occupy the proposed constructed space;

      liability and other claims asserted against us;

      competition in the commercial property lease marketplace;

      our ability to attract and retain qualified personnel;

      changes in generally accepted accounting principles; and

      the availability and terms of capital to fund the contemplated
      construction of the buildings.

This list is intended to identify some of the principal factors that could cause
actual results to differ materially from those described in the forward-looking
statements included elsewhere in this report. These factors are not intended to
represent a complete list of all risks and uncertainties inherent in our
business, and should be read in conjunction with the more detailed cautionary
statements included in our other SEC filings.

   ANY   FORWARD-LOOKING   STATEMENTS INCLUDED IN THIS FORM 10-QSB REFLECT
MANAGEMENT'S BEST JUDGMENT BASED ON FACTORS CURRENTLY KNOWN AND INVOLVE RISKS
AND UNCERTAINTIES. ACTUAL RESULTS MAY VARY MATERIALLY.

<PAGE>   3

We have compiled the accompanying statement of assets and liabilities (income
tax basis) of COR Development, LLC, as of June 30, 2001, and the related
statement of revenue and expenses (income tax basis) for the six months then
ended, in accordance with Statements of Standards for Accounting and Review
Services issued by the American Institute of Certified Public Accountants.

A compilation is limited to presenting, in the form of financial statements,
information that is the representation of management.  We have not audited
or reviewed the accompanying financial statements and, accordingly, do not
express an opinion or any other form of assurance on them.

Management has elected to omit substantially all of the disclosures and the
statements of cash flow and retained earnings required by generally accepted
accounting principles.  If the omitted disclosures were included and the other
statements were presented, they might influence the user's conclusions about
the company's financial position, results of operations, and cash flows.
Accordingly, these financial statements are not designed for those who are not
informed about such matters.

The accompanying financial statement have been prepared on the accounting basis
used for income tax purposes; consequently, certain revenue and the related
assets are recognized when received rather than when earned, and certain
expenses are recognized when paid rather than when the obligation id incurred.
Accordingly, the financial statements referred to above are not intended to
present financial position and results of operations in conformity with
generally accepted accounting principles.

Overland Park, Kansas						Forgy and Company, L.L.C.
August 10, 2001


                         PART I - FINANCIAL INFORMATION

Item 1.     Financial Statements.

                              COR Development, LLC
                       Statement of Assets and Liabilities
                              As of June 30, 2001

                                                                June 30, 2001
         ASSETS
           Current Assets
                    Checking/Savings
                    Merrill Lynch                                   280,021.75
                                                                 -------------
           Total Checking/Savings                                   280,021.75
                                                                 -------------
           Total Current Assets                                     280,021.75

           Fixed Assets
                    Land Purchase-Hard Cost                      11,225,694.00
                    Land Purchase-Soft Cost                          44,557.09
                    Land Development-Hard Cost
                            Site Clearing                             6,780.00
                                                                 -------------
<PAGE>   4
                    Total Land Development-Hard Cost                  6,780.00

           Land Development-Soft Cost
                Interest Expense				       8,000.00
		    Advertising/Marketing			      22,694.82
		    Architect Fees                                   173,315.87
		    Compensation				      84,975.08
	          Engineering Fees				      32,150.19
		  Equipment and Furniture			         528.87
		    Insurance					      35,141.00
		    Meeting Expenses                                   3,031.25
                Postage                                                3,876.16
                Printing & Brochures                                  48,070.85
                Professional Expenses                                 60,610.55
		    Staffing						 381.31
		    Travel					         386.28
                Contributions from Members                           -12,000.00
                                                                  -------------

           Total Land Development-Soft Cost                          461,162.23
                                                                  -------------
           Total Fixed Assets                                     11,738,193.32
                                                                  -------------
         TOTAL ASSETS                                             12,018,215.07
                                                                  =============

         LIABILITIES & EQUITY
                  Liabilities
                     Current Liabilities
                       Other Current Liabilities
                         Note-Gold Band        			  3,350,000.00
                                                                 -------------
                           Total Other Current Liabilities        3,350,000.00
                                                                 -------------
                           Total Current Liabilities              3,350,000.00
                                                                 -------------
         Total Liabilities                                        3,350,000.00
         Equity
                  Members Investments                             8,640,565.33
                  Retained Earnings                                  12,245.82
                  Net Income                                         15,403.92
                                                                 -------------
         Total Equity                                             8,668,215.07
                                                                 -------------

TOTAL LIABILITIES & EQUITY                                       12,018,215.07
                                                                 =============

<PAGE>   5

                              COR Development, LLC
                        Statement of Revenue and Expenses
                           January through June 2001

                                                              Jan - Jun 01
           Ordinary Income/Expense
                   Expense
                      Bank Service Charges                   	   42.00
		      Miscellaneous				  - 0.12
                                                                --------
                  Total Expense                                    41.88
                                                               ---------

         Net Ordinary Income                                      -41.88

         Other Income/Expense
                Other Income
                          Dividend Income-Money Fund           15,445.80
                                                               ---------
                Total Other Income                             15,445.80
                                                               ---------
         Net Other Income                                      15,445.80
                                                               ---------
	 Net Income                                            15,403.92
                                                               =========

Item 2. Management's Discussion and Analysis or Plan of Operation.

   The Registrant, COR Development, LLC ("Registrant" or "COR Development"),
a Kansas limited liability company, has not had any revenues during the past
two (2) years.

   For the next twelve (12) months, the Registrant, COR Development, will be
actively involved in the development of the 47 acres that were purchased in part
with the proceeds of the offering of the common units and preferred units.
During the next few months, COR Development will be finalizing the site plans
for the building of the facilities for the office and retail space. We will then
be conducting meetings with the staff of the City of Leawood, Kansas and
meetings with adjacent property owners in preparation for receiving approval of
the site plans and receiving building permits for the construction of the
facilities.

   We will employ a construction company for the construction of the
facilities and the overall management of the construction.  As of this date,
we have selected Walton Construction Co., Inc. to act as the general contractor
for the building of the facilities, but no contract has been executed for these
services. As of this date, we also have selected a company to serve as the
entity to assist with securing the approval of the site plans and to obtain
tenants for the facilities.

   During the coming twelve months, construction will commence on the
facilities. This construction will involve selective demolition, earthwork,
construction of underground duct and utility structures, construction of
sanitary sewerage and storm drainage and installation of pavement.

<PAGE>   6

   At this time, we have sufficient cash to proceed forward with the development
of the real estate until we obtain a construction loan. We anticipate obtaining
a construction loan at the end of the current calendar year or at the beginning
of the next calendar year. We currently anticipate that the principal amount of
the construction loan will be approximately $39,000,000.  This construction loan
will provide sufficient funds to proceed with the construction. If a
construction loan is not obtained, we will not be able to continue with the
construction of the facilities.

   Based upon the current site plans, there will be approximately 500,000
square feet of retail, hotel and office space. The facilities will be on 36
acres. The current site plans will include a 120-room hotel, 197,000 square
feet of retail space, 243,000 square feet of office space, a bank and five
restaurants. The current site plans provide more square feet of retail and
office space then originally anticipated in the prospectus which indicated
a combined 329,000 square\ feet of retail and office space. The
reconfiguration of the facilities on the property has allowed for more space
to use and to rent.

   The construction will continue for an extended time.  We anticipate that the
construction of all of the facilities should occur in 2005.


PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

   The Registrant is not currently involved in any legal proceedings.

Item 2. Changes in Securities and Use of Proceeds.

   There have been no changes in the terms of, or the rights evidenced by, the
registered securities. There have been no sales of unregistered securities.

   The effective date of the registration statement of Registrant was November
3,2000.  The offering was commenced on November 6, 2000. No sales of securities
were made until January 2001.

   There are two classes of securities, common units and preferred units.
The offering has now terminated before all of the registered common units and
preferred units were sold. A total of 1,600,000 units were registered that
consisted of a collective 1,600,000 of common units and preferred units.  The
Registrant could only offer a total of 1,600,000 units.  To the date of the
termination of the offering on May 7, 2001, 252,350 common units and 596,803
preferred units were sold, which provided proceeds of $8,491,530.  The offering
price was $10.00 per unit for either a preferred unit or a common unit.  There
was no underwriter engaged or employed for this offering.  The amount registered
of each class of security, the aggregate pric of the offering amount registered,
the amount sold of each security and the aggregate offering price of the amount
sold are as follows:

<PAGE>   7

<TABLE>
<CAPTION>
TITLE OF EACH                                                       AGGREGATE
 REGISTERED           AMOUNT         AGGREGATE         AMOUNT        OFFERING
 SECURITY           REGISTERED     OFFERING PRICE       SOLD        PRICE SOLD
<S>		    <C>            <C>                 <C>          <C>

Common Units        1,600,000       $16,000,000        252,350      $2,523,500

Preferred Units     1,600,000       $16,000,000        596,803      $5,968,030
</TABLE>

   From the effective date of the registration statement to June 30, 2001, the
amount of the expenses incurred with respect to the issuance and distribution of
the securities was $49,894.60 for legal fees, accounting fees and the costs of
the printing of prospectuses and unit certificates.  As disclosed in the
registration statement, Arthur E. Fillmore, II, one of the managers of
Registrant, is a member of Craft Fridkin & Rhyne, L.L.C.  This firm provided
legal counsel to Registrant during the registration of its securities.  Mr.
Fillmore, however, did not charge Registrant any fees for any of his time spent
in the registration process.

   The total amount of proceeds available from the effective date of the
registration statement, November 3, 2000, to June 30, 2001 was $8,640,565.33.
Out of these proceeds, the Registrant used the sum of $5,406,807.09 to purchase
real estate on which it will build facilities that will consist of office and
retail space. The Registrant also had the sum of $280,021.75 invested in an
account offering interest on such funds.  The Registrant used the sum of
$280,021.75 for its working capital needs during this time.  No managers of the
Registrant or persons owning ten percent  (10%) or more of any class of these
securities received any of these payments.

   The use of the proceeds set forth above does not constitute a material change
in the use of proceeds set forth in the prospectus of the Registrant.

Item 3. Defaults Upon Senior Securities.

   There have no defaults on any indebtedness of Registrant.

Item 4. Submission of Matters to a Vote of Security Holders.

   No matters have been submitted to a vote of the holders of the registered
securities.

Item 5. Other Information.

    At COR Development's managers meeting on May 8, 2001, two (2) individuals
resigned. Those individuals are Gregory R. Walton and Estel Hipp.  They resigned
to allow their companies to effectively negotiate "arm's-length" contracts or
agreements with COR Development.  Those two individuals were replaced by
J. Frederick Ball and J. Scott Harrison.

<PAGE>   8

   The managers have recommended the selection of independent auditors, Marks
Nelson Vohland & Campbell, LLC, PA ("NMVC").  NMVC has reviewed COR
Development's financial data and information, before this document was filed
or submitted to the Securities and Exchange Commission.  None of the financial
statements for COR Development's previous years have contained any adverse
opinion or disclaimer of opinion, or was qualified or modified as an
uncertainty, audit scope or accounting principles, nor have there been at any
time, any disagreements between COR Development and its auditors on any matter
of accounting principles or practice, financial statement disclosure or auditing
scope or procedure.

Item 6. Exhibits and Reports on Form 8-K.

   (a) There are no exhibits included with this report.

All exhibits have either been previously filed or are not applicable to the
Registrant.

   (b) There has been no Form 8-K filed by Registrant.




SIGNATURES

   In accordance with the requirements of the Securities Exchange Act of 1934,
the Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                         COR DEVELOPMENT, LLC
                                         (Registrant)


Date: August 30, 2001                       By:/s/ Robert M. Adams
                                            ----------------------------------
                                            Robert M. Adams, Manager of
                                                COR Development, LLC
                                                 SIGNATURE TITLE
<PAGE>   9