Unless I'm misunderstanding the geology of the area, this goes back to the biblical "he who built his house upon the sand". They built on ground that would shift and settle, and so it did exactly that. My understanding is that the area is very literally the historical mississippi floodplain, before the river moved (as rivers do on the geological timescale) and is largely composed of silt and wet clay.
it was settled originally by folks who wanted to live where no one else would live....retired pirates, runaway slaves, Indians who wanted no part of life on a reservation and escaped criminals.....then it became a major trade port prior to the ports of Tampa and Miami for the routes from Cuba and the Islands and from S America.
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