General Development Corporation

General Development Corporation
Company typePublic company
PredecessorFlorida Canada Corporation, Mackle Co.
Founded1958
FounderElliot, Robert and Frank Mackle
Defunct1991
FateExonerated in 1991 for fraudulent home sales. Restitution was set up and succeeded by Atlantic Gulf Communities.
SuccessorAtlantic Gulf Communities
Headquarters
Number of employees
 (5,000 (1970))

General Development Corporation, also known as GDC, was a land development company in Florida. General Development Corporation would be created in 1958 after a merger between Florida Canada Corporation and the Mackle Bros.[1]

  1. ^ Interstate Mail Order Land Sales: Hearings Before the Subcommittee on Frauds and Misrepresentations Affecting the Elderly of the Special Committee on Aging, United States Senate, Eighty-eighth Congress, Session. U.S. Government Printing Office. 1964. p. 222 – via Google Books.