The Large Binocular Telescope (LBT) Project is a collaboration between institutions in Arizona, Germany, Italy, and Ohio. The first of two 8.4-meter borosilicate honeycomb primary mirrors for LBT is being polished at the Steward Observatory Mirror Lab this year. The second of the two 8.4-meter mirror blanks waits its turn in the polishing queue. The baseline optical configuration of LBT includes adaptive infrared secondaries of a Gregorian design. The F/15 secondaries are undersized to provide a low thermal background focal plane which is unvignetted over a 4-arcminute diameter field-of-view. These adaptive secondary mirrors with 672 voice-coil actuators are now in the early stages of fabrication. The interferometric focus combining the light from the two 8.4-meter primaries will reimage the two folded Gregorian focal planes to three central locations for phased array imaging. The telescope elevation structure accommodates swing arm spiders which allow rapid interchange of the various secondary and tertiary mirrors as well as prime focus cameras. The telescope structure accommodates installation of a vacuum bell jar for aluminizing the primary mirrors in-situ on the telescope. The telescope structure was fabricated and pre-assembled in Italy by Ansaldo-Camozzi in Milan. The structure was disassembled, packed and shipped to Arizona. The enclosure was built on Mt. Graham and is ready for telescope installation.