Difference between revisions of "Theo Baars, Sr."
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| − | '''Theo Dunwody Baars''' was a wealthy businessman who inherited [[Henry Baars|his father]]'s vast lumber and real estate interests. He is known for his early development of [[Perdido Key]]. | + | '''Theo Dunwody Baars''' was a wealthy businessman who inherited [[Henry Baars|his father]]'s vast lumber and real estate interests. He is known for his early development of [[Perdido Key]]. |
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| + | In the early twentieth century, Baars foresaw the appeal and value of real estate along the [[Gulf Coast]]. Leveraging his wealth from the [[Baars, Dunwody & Company]] timber business his father started, he acquired roughly 12,000 acres in southwest [[Escambia County]], including about 2.5 miles of [[Gulf of Mexico|Gulf]] front property on [[Perdido Key]]. | ||
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| + | In [[1922]] Theo reached a joint development agreement with the [[Escambia County Commission]]: if the county would fund the paving of a road connecting [[Warrington]] to Perdido Key, he would build a luxury resort on the barrier island that would attract tourists to the area. Work on the road (now known as [[Gulf Beach Highway]]), was completed in [[1924]] — years before [[Pensacola Beach]] was made accessible by road. | ||
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| + | Over the next two years, Theo spent $470,000 on the foundations and framework of his hotel project, which was planned to include a polo field, tennis courts, and a marina. However, in [[1926]] the Florida land boom came to a sudden end, and many of his investors were no longer willing to finance the project. The resort was abandoned, but the skeletal framework remained on the beach for decades, until it was finally demolished in the mid-1990s to make way for the [[Beach Colony Resort]].<ref>"Perdido Key development on fast track with high-end efforts." ''Pensacola Business Journal'', February 24, 2004.</ref> | ||
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| + | Baars is the namesake of the [[Theo Baars Bridge]]. | ||
{{bio-stub}} | {{bio-stub}} | ||
| − | [[Category:Baars family|Baars, Theo]] | + | |
| + | ==References== | ||
| + | {{reflist}} | ||
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| + | [[Category:Baars family|Baars, Theo]] [[Category:Real estate developers|Baars, Theo]] [[Category:Perdido Key|Baars, Theo]] | ||
Revision as of 15:32, 12 November 2008
| Theo Baars | |
|---|---|
| Born | November 28, 1876 Pensacola |
| Occupation | Lumber, real estate |
| Religion | Episcopalian |
| Spouse | Mary Firestone Baars |
| Parents | Henry and Mary Ellison Baars |
| Children | Theo Baars, Jr. |
Theo Dunwody Baars was a wealthy businessman who inherited his father's vast lumber and real estate interests. He is known for his early development of Perdido Key.
In the early twentieth century, Baars foresaw the appeal and value of real estate along the Gulf Coast. Leveraging his wealth from the Baars, Dunwody & Company timber business his father started, he acquired roughly 12,000 acres in southwest Escambia County, including about 2.5 miles of Gulf front property on Perdido Key.
In 1922 Theo reached a joint development agreement with the Escambia County Commission: if the county would fund the paving of a road connecting Warrington to Perdido Key, he would build a luxury resort on the barrier island that would attract tourists to the area. Work on the road (now known as Gulf Beach Highway), was completed in 1924 — years before Pensacola Beach was made accessible by road.
Over the next two years, Theo spent $470,000 on the foundations and framework of his hotel project, which was planned to include a polo field, tennis courts, and a marina. However, in 1926 the Florida land boom came to a sudden end, and many of his investors were no longer willing to finance the project. The resort was abandoned, but the skeletal framework remained on the beach for decades, until it was finally demolished in the mid-1990s to make way for the Beach Colony Resort.[1]
Baars is the namesake of the Theo Baars Bridge.
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References
- ↑ "Perdido Key development on fast track with high-end efforts." Pensacola Business Journal, February 24, 2004.
