These sorts of land use restrictions should be illegal. It's basically a corporation trying to act as a pseudogovernment, enforcing regulations on land that they no longer own themselves. One could argue that HOAs are kind of a similar issue, acting like a pseudogovernment, with restrictions on housing passing on down indefinitely, even to new owners who may not have wanted to agree to them (but with housing being as…
How are HOAs any different than a city council, except on a smaller scale? In both cases they're democratically elected, and they enact restrictions that can't be opted out of.
If you were to draw a comparison, HOAs are far more consensual.