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X-Mart Has Just Purchased 100 Acres of Land in Happyville

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X-mart has just purchased 100 acres of land in Happyville. The town, fearful of a huge chain store ruining the economy and putting local businesses out of business, quickly passes an ordinance restricting the size of any new buildings to no more than 5,000 square feet. The typical X-mart store averages approximately 100,000 square feet. Does the town of Happyville have the right to enact a zoning restriction of this nature?

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Ordinarily, a municipality has the right...

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