Founding of the Legendary City
The city of Cody was founded in 1896 by a group of investors led by the legendary Colonel William F. "Buffalo Bill" Cody. It was in honour of this famous showman and scout that the settlement received its name. Buffalo Bill was captivated by the beauty of the region and its rich natural resources, viewing the area as the ideal location to create a thriving community.
Factors of Formation and Growth
The transformation of a small settlement into an important regional hub was driven by several key factors:
- Geographical Location: Cody is situated just 80 kilometres from the eastern entrance of Yellowstone National Park. The founders farsightedly bet on the city becoming the "Eastern Gateway" to the nature reserve.
- Irrigation and Water: Understanding the arid climate of the region, Buffalo Bill initiated a massive project to irrigate the land with waters from the Shoshone River, making agricultural development possible.
- Transport: The arrival of the Burlington Railroad in 1901 ensured a constant flow of tourists and goods, firmly securing the city's status on the map.
Early Culture and Economy
From the very beginning, Cody's economy was closely tied to hospitality and tourism. In 1902, the Colonel opened the famous Irma Hotel, named after his daughter, to comfortably accommodate travellers heading to the park. The city quickly became imbued with the spirit of the Wild West, becoming a centre of cowboy culture and rodeo, preserving this unique atmosphere to this day.