July 1889 proved to be a momentous month in the history of Coronado as John D. Spreckels became an investor in the Coronado Beach Company, buying out Hampton L. Story's one-third interest. Over the next three years, Spreckels bought controlling interest in the company and became the sole proprietor of the Hotel del Coronado. He also oversaw the building of the grand mansion on Glorietta Boulevard, the establishment of Tent City, and the sale of North Island to the U.S. government in 1917.



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