If you check out the CHAZ area on Street View, you'll see some construction projects (like the one below) that would invite a developer to seek an immediate injunction. Not surprisingly, the projects are all just outside CHAZ, as is the light railway. They drew borders carefully. 
Here's map of CHAZ. Funny how the bits that didn't make it into the zone are the railway, construction projects and luxury housing (there's an 800 sqf apartment for $3000 opening up soon!)
This is the luxury housing block that CHAZ excluded from its zone. Everything to the left and right is included. Good luck to Hunters Capital with the investment.
