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How will a new waste water treatment plant affect our home's value

We have been informed that a developer is putting a large neighborhood across the street from us. (We currently all have our own septic systems.) This neighborhood will have a waste water treatment plant to treat the sewage of the neighborhood and 3 large schools and other retail outlets. Does anyone know of any research regarding how this WWTP will influence our property value?

submitted by /u/marhmar
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source https://www.reddit.com/r/RealEstate/comments/1kmf8wr/how_will_a_new_waste_water_treatment_plant_affect/
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