Individual rights and private ownership of land are two different and largely antithetical things. Eminent domain pertains almost exclusively to private ownership of land - which in my book is abomination and theft since people do not produce land hence have no basis for claiming property rights over it. It is theft because it denies the use of a natural non-produced item to other people.
So on these grounds alone, I am biased in favor of eminent domain. In addition to having little sympathy for private ownership of land in general, I have even less sympathy for petit bourgeois ownership of land (i.e. individual houses and yards). So the petit bourgeois cries over the SC decision in question fall on deaf ears here.
As far as urban development is concerned, the eminent domain is only tangentially related to it. Zoning, land use and housing is really a cover-up for class and race divisions. Here in Baltimore, the city was sued by ACLU for "warehousing" the poor in highly segregated and dismal housing projects - the city lost and some of the worst projects were demolished, and new housing (under the Hope VI project) was built in their place.
I know for the fact that this benefited predominantly Black families who were able to move to decent housing free of drug and gang infestation. Those who were decrying "destruction of neighborhoods with character" were mainly white suburbanites led, inter alia, by the current Maryland Gauleiter Ehrlich, who feared that the ACLU law suit would bring more blacks to white burbs.
Wojtek