p22-Future-Site-of-the-HDC1Coronado Beach Company Created April Coronado Beach Company Created Hotel founders Elisha Babcock and Hampton Story first created the Coronado Beach Company, after which they established a number of additional enterprises to support the development of the Coronado community (a ferry company, water company, railroad company and an electrical power plant). As soon as a site was chosen for Hotel del Coronado, the men laid out Coronado’s parks, civic areas, commercial zones and streets (Isabella and Adella avenues were named for the founders’ wives). ×