Since this would actually be considered rental income, you need to contact the construction company and ask them to issue you a 1099-MISC instead of a 1099-S.
However, if the company is unwilling to send you a 1099-MISC and correct the 1099-S, then just reduce the basis of your land by the amount received. (No
reporting requirement would be necessary in this instance. Just keep a
record of this transaction with your tax files.)