Orlando became a popular place between the Spanish–American War and World War I. In the 1920s, Orlando experienced the Florida Land Boom that led to extensive housing development and caused land prices to soar. During this period, many neighborhoods were built in downtown. However, this boom ended when several hurricanes hit Florida, along with The Great Depression.
A number of Army personnel were stationed at the Orlando Army Air Base during World War II and nearby Pinecastle Army Air Field. In 1947, they were transferred to the United States Air Force. Most of these servicemen stayed in Orlando to settle and raise families. In 1956 the aerospace and defense company Martin Marietta. In 1958, Pinecastle AFB was renamed McCoy Air Force Base.
Orlando AFB was transferred in 1968 to the United States Navy and became Naval Training Center Orlando. The NTC Orlando was home of one of two Navy Nuclear Power Schools, and home of the Naval Air Warfare Center Training Systems Division. In 1976, McCoy AFB closed, causing that its runways and territory became Orlando International Airport, while a small portion to the northwest was transferred to the Navy as McCoy NTC Annex. That closed in 1995, and became a housing, though the former McCoy AFB still hosts a Navy Exchange, as well as National Guard and Reserve units for several branches of service. In 1999, NTC Orlando was completely closed. Base Realignment and Closure Commission, and converted into the Baldwin Park neighborhood. The Naval Air Warfare Center moved to Central Florida Research Park near UCF in 1989.
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