25 miles away from Daytona, across the Tiger Bay State Forest is DeLand, FL which is home to Stetson University. Stetson University, founded in 1883 as DeLand Academy (renamed DeLand University 4 years later), the school was renamed again to Stetson University in honor of a founding benefactor, John B. Stetson (of cowboy hat fame). Stetson University sits on 175 acres of suburban real estate along the I-4 corridor (from Daytona to Tampa); the campus has served as a backdrop to several motion pictures including The Waterboy and Walt Before Mickey. DeLand was founded in part due to the high prevalence of persimmon trees; agriculture was the economic base for the town. DeLand was also the first city in Florida to have electricity.