There is more money nowadays for organic farmers and those raising animals humanely, without antibiotics, free range, etc. How about an organic farming cooperative for this land? Or a retirement community with a farming focus instead of a golf course development?
A big problem with land on the edge of housing developments is the farther out one goes from a city, the farther one has to travel to get to work in the city. Travel takes time and is costly in terms of $$$, too. Many young people are coming back to cities from the suburbs to raise their families so they don't have to spend so much time traveling, away from their loved ones. Also, the cities have a lot to offer - museums, arts happenings, festivals, cultural events and public transportation.
Location, location, location is right.
Turning the land into another cookie cutter housing development is a bad idea for environmental reasons (generally all can be listed under "sprawl"
, and there is no guarantee that people will want to keep moving out farther, anyway.
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