$1.7 Billion Worth of Homes on a 4-Mile Stretch: Welcome to Miami's ...

In the whole world, only a handful had cost as much as $10,000,000. These new highways would cost $10,000,000 per mile. One mile, the most expensive mile of road ever built, cost $40,000,000. Their total cost would be computed not in tens but hundreds of millions of dollars.

When the Cornelius Vanderbilts had acquired the land in the 1880s, it had cost $375,000 and the house $3 million more. Their new mansion had been hailed by the press as “a private house which must for a century or two elevate the standard of such houses, and tend, at least, to the improvement of domestic architecture.”8 Now in 1925 the land, a prim

The Royal Palm was not only an impressive feature of the new city, but virtually the very reason for Miami’s being. Flagler was not dismayed at this, of course, for over the past dozen years he had seen development thrive in the wake of his method: build a railroad to a place, erect a…

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fact, some have argued, had Flagler been successful in getting the U.S. government to help him pay for the costs of dredging such a harbor in Miami’s Biscayne Bay, there…

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