I have mixed feelings. I want more housing, and it looks like a good location for a city. On the other hand, if you're going to destroy a more natural environment, you had better replace it with something really spectacularly good, and American development post-1920 has shown itself to be entirely incapable of that. My expectation is that, at absolute best, this is going to end up like one of those semi-mixed-use luxury mall developments that people drive to, if it happens. Which would be a net loss.
