One's Development Can be Another's Ruin

Q. A piece of land is surrounded by residential houses. A company wants to build a factory on it to increase production and thereby increase profits. On the other hand, the residents want the government to build a public garden, as the factory will pollute the air.
Which components of development are discussed here?

1. Development has monetary and non-monterary goals.
2. Development for one can be destruction for the other.
3. Different people have different development goals.
4. Development also means sustainable development and human development.