I would suppose that since a) this language is not used in anything "important" yet, and b) it's open source; yes, it can be in the design phase. I should think that the design phase persists until, for some reason, the language becomes "formalized", or until it is impossible to change anything major without ruining things for a lot of people. At that point you can still "design" the language, but since it has a generally understood "style" and so forth, it won't be able to change too much unless you make a whole new language.
What do you want to be designed? One of the major problems about "designing" a new lisp is that, since anyone can "do it" in their spare time, they don't see the point. Maybe they're right. ^^
Sorry for all of the quotes; it looks kind of funny, I'm sure.