No, I'm not naive, I work in this area. There are still plenty of hurdles to get through before this development gets passed. And believe me, there could be some opposition to stop it going ahead. Therefore things need to be done right to make sure this does not happen.
I have worked on a scheme where the council was the developer, and even then they could face objections from within the council. This is a private development so will be scrutinised just as much if not more.