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The Miami Beach peninsula became an island in April 1925 when Haulover Cut was opened, connecting the ocean to the bay, north of present-day Bal Harbour.The great 1926 Miami hurricane put an end to this prosperous era of the Florida Boom, but in the 1930s Miami Beach still attracted tourists, and investors constructed the mostly small-scale, stucco hotels and rooming houses, for seasonal rental, that comprise much of the present "Art Deco" historic district.With loans from the Lummus brothers, Collins had begun work on a 2½-mile long wooden bridge, the world's longest wooden bridge at the time, to connect the island to the mainland.

That transaction kicked off the island's first real estate boom.

Fisher helped by organizing an annual speed boat regatta, and by promoting Miami Beach as an Atlantic City-style playground and winter retreat for the wealthy.

The next step in the development of the future Miami Beach was the planting of a coconut plantation along the shore in the 1880s by New Jersey entrepreneurs Ezra Osborn and Elnathan Field, but this was a failed venture.

One of the investors in the project was agriculturist John S.

By 1915, Lummus, Collins, Pancoast, and Fisher were all living in mansions on the island, three hotels and two bath houses had been erected, an aquarium built, and an 18-hole golf course landscaped.

The Town of Miami Beach was chartered on March 26, 1915; it grew to become a City in 1917.

Carl Fisher was the main promoter of Miami Beach's development in the 1920s as the site for wealthy industrialists from the north and Midwest to and build their winter homes here.

Many other Northerners were targeted to vacation on the island.

By 1912, Collins and Pancoast were working together to clear the land, plant crops, supervise the construction of canals to get their avocado crop to market, and set up the Miami Beach Improvement Company.

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