Cohorts in marketing use age descriptors as demographic markers to make inferences about attitudes and behavior of people in the same age group based on common experiences.
Kitson & Partners bought the 91,000-acre Babcock Ranch in 2006 and then sold 78,000 acres for preservation to the state in a $350 million deal. The first residents could move in sometime in March or April. They will be the pioneers in a solar-powered town.
The ranch also has large farming and mining operations. The Babcock family of Pittsburgh owned the Babcock Lumber Company. E. V. Babcock came to southwest Florida in 1912 to hunt and fish. He liked the place so well he bought 100,000 acres of worked out turpentine pine woods and added to that acreage over the years.