I have had intermittent issues with a control surface causing hangs when loading projects (Presonus FaderPort.) If you have another audio interface at your disposal you may want to try hooking that up to see if it works.
Otherwise, it may be related to a plugin, or possibly to a Pro Channel module.
To test for plugins hold down SHIFT when opening a file to open Sonar in Safe Mode. Choose to skip all the plugins and see if it freezes or loads.
If the project loads when no plugins are loaded you have a plugin causing issues. In this case you can narrow it down by closing the project and open in Safe Mode again, and choosing to load some of the plugins (say from one manufacturer) and try it until you break it.
If you still can't open the file in Safe Mode, try opening it in an older version of Sonar. This strips out any new features added in X1 (like the Pro Channel.) I've had some luck opening files in Sonar 8.5 that wouldn't open in X1. In this case you can usually keep your other plugin settings (unless Safe Mode in 8.5 is necessary to open the file) - you will just have to start again on Pro Channel settings.
For what it's worth, I haven't had this issue with any projects I've started in X1D. It only seems to happen with projects I had opened/created in earlier versions of X1D, and even then it only happened to a few projects.
Lastly, if for some reason you turned your buffers WAY down before trying to load a heavy duty project file I've had this cause issues as well. To solve this open Sonar and check your buffer settings before opening a project.
Good luck!
Peace,
Tunes