We have a 600-700 acre farm that the owners have been wanting to sell to a large area developer for about 3 years now. Rumored in the 10 million price range. Lots of lawn signs protesting the proposed development. We think the township government was against it, too. They slow walked everything, hoping a conservancy, or multi-millionaire would step up and buy it-keeping it farmland.
Well, dreams come true sometimes. After 3 years of applications, engineering, surveys, meetings and planning, the developers time ran out. When asked to re-submit applications, they stopped communicating (rumor is they were sensing a recession coming).
A local conservancy made a deal with the owner and the developer walked.
If the development went through, we would have gotten over 500 new plastic boxes (aka homes) and had to build a new school district. The roads which are already woefully small would have been overwhelmed with vehicles.