The most famous example of this kind of use of eminent domain was the Kelo case which went to the Supreme Court. By 5-4 the court rules it was permissible to use eminent domain to get the land to build a campus for Pfizer. (The majority was Stevens, Kennedy, Souter, Ginsburg, and Breyer.)
As Justice Sandra Day O’Connor wrote “The specter of condemnation hangs over all property. Nothing is to prevent the State from replacing any Motel 6 with a Ritz-Carlton, any home with a shopping mall, or any farm with a factory.”
After all of this, the land didn't get built into a corporate campus:
>...For nearly 20 years since the ruling, the entire Fort Trumbull neighborhood remained a vacant lot after being bulldozed by the city; a neighborhood once teeming with families who resided there for generations was home only to weeds and feral cats. The economic development the city promised the U.S. Supreme Court would materialize—if only the government could get its hands on the land—never materialized, even after spending more than $80 million in taxpayer money.
I thought to myself why would one business be able to seize anothers property?
How does a private company deserve Eminent Domain powers?
Is a Funeral Home not a Public Good too?
Why would we allow emminent domain for a monolopy company.
https://www.13newsnow.com/article/news/local/mycity/virginia...