You remember New London, Conn. That's the city that spawned the hideous Kelo decision in which the Supreme Court tried to put a stake through the heart of private property rights. The neighborhood was stolen by the government on behalf of private interests who were going to undertake a "comprehensive redevelopment plan." That plan never happened, and the site now is being used as a dump site for storm debris. Some redevelopment, that.
(Via hit & run, which put this fitting headline on the piece: How Eminent Domain Transformed a Nice Neighborhood into a Dump.)