A fourth generation joins the family business as C.I.’s son Chris is brought on in 2003. The company builds more than 50,000 sf of office & retail, sells 100s of acres of land to national retailers (Publix and Lowe’s), acquires, rehabilitates and sells over $50MM...
C.I. Babcock, III moves his family to Clearwater, FL – and incorporates new development arm “Cornerstone Communities Inc”, developing several thousand residential lots and commercial and office developments in the Tampa Bay Market.
A third generation begins as Charles I. Babcock, III “C.I.” joins The Babcock Company as an Engineering & Land Development Manager.
Charles Babcock Sr. and his son Charles I. Babcock Jr., named president in 1952, develop and construct thousands of single family homes and commercial projects in south Florida.
Charles I. Babcock, Sr. returns to the US and founds Babcock Investment Company in Miami, FL.