It's currently in final revisions of its environmental impact report. 

Lastly, What is the existing configuration of the house and what is the existing footprint and lot size?

@DanielFor what it's worth, there was an environmental problem in neighborhood where 2 of my rentals are (old WWII munitions were found buried).

-----------------------------------------------------------Ni Hao.China offers more investment opportunities but has too many environmental issues.The housing crash here certainly brought about huge opportunities for investors not just from US but also from all over the world.http://trends.truliablog.com/vis/global-pursuits/The best time to get in was 2010 and 1011.

Most experienced mid to large size shops have a fairly large geographical footprint which gives diversification opportunities to their clients.

Working from home also has the impact of less stress, as commuting is less and as a result of this, you have environmental benefits from lower vehicle emissions.For college students I think it maybe a bit more difficult as their interactions and relations fostered in college has a significant impact on their future.

Some of the projects I have seen were a mix of existing building and building new next to it to create a larger footprint. 

Ensuring the property is clean environmentally might be the most important due diligence item; if you purchase a dirty site - REGARDLESS OF RESPONSIBILITY - you automatically assume all liability for said contamination.

Or does the small footprint and lack of utilities basically make them glorified tents as far as the government's concerned?

I know oil heat is much more common up North than in my neck of the woods, but I'm quite allergic to it when the tanks are underground - to me, these are ticking time bombs with almost unlimited downside potential environmental and regulatory impact).