The Metz (Schneiders site redevelopment)

[ac3r]

I hate that we allow 1 developer to buy up a piece of land this big

A private property owner selling land to another private property owner, there really aren't any restrictions that a government can apply.

And one can hope they never try to apply any. Zoning restrictions and regulations are expected, but the day a government tries to say no you can't buy that much land is when they should be sent to the guillotines.