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One of the earliest swampland scams in Florida was Poinciana, a development in the Everglades that sold nearly 9,000 lots in 1925 and 1926 despite almost all of the property being mangroves and a "Shangri-La for crustaceans and mosquitoes". Advertisements for the development made many false claims about the property.
1922 Florida billboard promoting the sale of lots. The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards.
General Development Corporation, also known as GDC, was a land development company in Florida. General Development Corporation would be created in 1958 after a merger between Florida Canada Corporation and the Mackle Bros. [1]
Indian Creek Country Club in Indian Creek Village, Florida, US, on Tuesday, Dec. 5, 2023. Indian Creek Village, an island off the coast of Miami is ground zero for an unprecedented migration of ...
[4] [10] Purchase from the family and sale of the preserve lands to the State of Florida and Lee County closed on July 31, 2006. [3] [4] As part of the arrangement, Kitson & Partners received $350 million for the land, with approximately $310 million provided in the final budget of Governor Jeb Bush and $40 million from Lee County, Florida. [12]
Among those that have seen a decline in median home prices over the past year include three Texas cities — Austin, Dallas and San Antonio – as well as New Orleans, Tampa and Jacksonville ...
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