John D. Spreckels - Relocation To San Diego

Relocation To San Diego

In the next decades, Spreckels became a millionaire many times over, and the wealthiest man in San Diego. At various times he owned all of Coronado Island, the San Diego-Coronado Ferry System, the Union-Tribune Publishing Co., the San Diego Electric Railway, the San Diego & Arizona Railway, and the Belmont Park in Mission Beach. He built several downtown buildings, including the Union Building in 1908, the Spreckels Theater Building in 1912, the Hotel San Diego, and the Golden West Hotel. He employed thousands of people and at one time he paid 10% of all the property taxes in San Diego County.

Spreckels was president of several companies, including the Oceanic Steamship Company, operating a mail and passenger line to Hawaii and Australia, the Western Sugar Refining Company, the Coronado Water Company, the San Diego and Coronado Ferry Company, the San Diego and Coronado Transfer Company, the Pajaro Valley Consolidated Railroad Company, the San Diego Electric Railway, and the San Diego and Arizona Railway Company.