From the Mercury News: mayoral candidates "stressed that the city cannot build housing there before finding businesses to put jobs into the northern section of the valley. Otherwise, in their view, the city will worsen its tax revenue shortage by having too many houses and too few jobs."
An Op-Ed from Audubon's departing advocate Juliana Chow summarizes many of the project's current problems.
And the Merc's own editorial says it would be "ridiculous" to subsidize industry to get it to move to Coyote. That's entirely right, and it's also what would be the end result of some proposals to remove the current safeguards in the City's General Plan.