Thank you for the clarification.  

Yes, probably not likely developers will change their projects timelines because of a citizen initiative.  Their deadlines really depend on project milestones getting met. Planning staffs then have their own management schedules for project approvals that have to be internally approved, then some potentially approved by Commission, then some potentially approved by Council.  It's not a process that can be "rushed" within the few months of an election.    
  
Indeed, if you like the west, there are some nice areas not positioned to become the next tech hub like Denver. Good point!