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The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land purchases. In the late 1960s, GALC sold 173,000 mi (278,000 km) of swampland, dubbed Golden Gate Estates, to about 40,000 buyers. Many buyers bought plots that were submerged underwater.
The first building in Cape Coral was the Rosens' sales office. It was built where George's Auto now stands, at Cape Coral and Coronado Parkways. [13] Cape Coral's first permanent resident was Kenny Schwartz, the Rosens' general manager. [14] Cape Coral's first four homes were completed in May 1958, on Riverside and Flamingo Drives. [15]
The Cape Romano Dome House was a structure consisting of six dome-shaped modules on stilts, originally built on an islet located approximately 300 feet (91 m) offshore from Cape Romano Island, south of Marco Island, in the Ten Thousand Islands of Collier County, Florida. Cape Romano Dome house was built in 1982 by retired independent oil ...
They started to change approaches by 1955 building large retirement orientated communities in rural parts of Florida where there were vast tracts of land that were also cheap. [ 6 ] The first installment company created by them was the General Development Corporation (GDC) [ 7 ] in 1958.
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A view from within Leedskalnin's Coral Castle.. Edward Leedskalnin (Latvian: Edvards Liedskalniņš) (January 12, 1887 – December 7, 1951) was a Latvian immigrant to the United States and self-taught engineer who single-handedly built the Coral Castle in Florida, added to the National Register of Historic Places in 1984. [2]