I have absolute no knowledge of the area and its inhabitants, however all I can say is that this development is taking advantage of prime waterfront real-estate - as such property should be utilized. From what I can see in pictures, I don't see how such a development would damage the integrity of the area, but would rather enhance it and perhaps make it more desirable for future revitalization more inland.
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"I'm going there, but I like it here wherever it is.."
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