Carmel Development Company

The Carmel Development Company was a real-estate development company that operated in Carmel-by-the-Sea, California from 1902 to 1965. It was developed by James Franklin Devendorf and Frank Hubbard Powers in 1902. Powers provided the capital and did the legal work of the corporation. Devendorf was the general manager and oversaw subdividing and developing the land. Between 1900 and 1910 the Carmel Development Company purchased parcels of real estate from land holders that were subdivided into blocks & lots. This was the original footprint of what would become the incorporated City of Carmel-by-the-Sea in 1916 and the unincorporated Carmel Highlands. The company dissolved in 1965, after the sale of its final parcel known as the Glen Deven Mountain Lands.