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 the historic 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).