It only enforces a restrictive covenant for 10 years. Buy land in 2026, build a few homes, repurpose to a datacenter campus in 2036. Looks like that would be entirely legal from reading the bill.
If they were concerned about future redevelopment they should have put a 50-100 year restrictive covenant in the bill, not only 10 years.
If they were concerned about future redevelopment they should have put a 50-100 year restrictive covenant in the bill, not only 10 years.