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The site outlined in red is where DiVosta Homes, a Pulte Homes' affiliate, will be building a high-end development of 145 single-family homes west of State Road 7 near the intersection of Hypoluxo ...
Otto Divosta (born June 11, 1934) [1] was a principal partner of a major home development company based in South Florida. In the 1970s, he developed a process for building multi-family homes in an assembly line fashion. DiVosta and Clifford F. Burg formed Burg & DiVosta Corp. to combine Burg's construction experience with DiVosta's development ...
The canals drain 233 billion US gal (880 billion L) of fresh water a year into Naples Bay, damaging the coastal saltwater ecology while causing the groundwater table to drop 2 ft (0.61 m) to 4 ft (1.2 m). The Florida Department of Business Regulation (FDBR) adopted real estate development reforms in the 1970s because of such abuses. [3] [4]
In 1956, he formed the company, Pulte Homes, Inc which was based in Bloomfield Hills, Michigan. [ 7 ] [ 1 ] In 1972, the company became a public company via an initial public offering . [ 8 ] In 1998, the company acquired Divosta for an estimated $150 million, [ 9 ] and it also acquired Radnor Homes for an undisclosed amount.
In 1959, wealthy landowner and insurance magnate John D. MacArthur announced plans to develop 4,000 acres (16 km 2) and build homes for 55,000 people. [14] He chose the name Palm Beach Gardens after his initial choice, Palm Beach City, was denied by the Florida Legislature, because of the similarity of the name to the nearby Palm Beach. [14]
It is located in the Naples Historic District. [2] The antiques filled cottage, is a rare example of tabby mortar construction. The Historic Palm Cottage is Naples oldest house (1895) and is proudly maintained by the Naples Historical Society and is located at 137 12th Avenue South,(at Gulfshore Blvd.) a block East of Naples Pier. [3]
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