Eminent domain my ass.
Now I will tell you how I really feel. I hate the concept of emininent domain which is basically the government's way of telling you that the your rights mean squat when compared to everyone else's. Seriously, how can you be serving the public by removing the rights of one of its citizens?
Most of you know that I believe government should have a very limited role in our lives. One of the few things I think government should do is protect private property. In other words, nobody has the right to steal anything from you, and that includes the government. This notion that the "public's" interest in a new hotel and health spa is more important than the rights of the individual home owner is just ridiculous. This is NOT a case when the NEED of the many outweight the RIGHTS of a few.
I can't even think of a circumstance where I think it is OK for the government to sieze your property. If anyone can and wants to try and convince me feel free, I'll listen. If the government can't come up with what the property owner thinks is fair value for the land then government, like everyone else, needs to find an alternative plan.