Even at 4 stories tall, a 32,000 sq ft building will have a footprint of at least 8,000 sq ft  --  that's one-fifth of an acre, on a less than 3-acre lot.  

Add in what you'd expect would be considerable parking  --  somebody's going to be using those 25 bathrooms  --and I start getting really curious about what those septic plans are going to look like.  Especially on a shoreline lot.