Here is another thought. It seems "everybody" agrees it is just dandy constitutionally to tear down a neighborhood to build a sports stadium, because the public "uses" it (even if the stadium is privately owned). That is what happened in LA, when Dodger stadium was built (and is privately owned). But doesn't the public also use retail establishments? What is the difference?
There isn't a difference. Both are wrong.
This is my take on it. It should prevent isolated cases of ED from occuring.
Remember guys, ED is taking place now for Wal-Mart when it threatens to move just outside a city's tax base (or into another's tax base). It's ED at gunpoint, essentially.
Why? Well, cities do not survive on houses alone! Houses are tax-sinks and will always be inferior to $$$ retail.
(head hurts)
I see no difference. None, nada, zippo. Eminent Domain is every bit as bad as RICO and the "Interstae Commerce Clause", warped beyond recognition.