Rainbow Garden began as the dream of local businessman Frank "Ding" Buehler. In 1922 Buehler began looking for a site, and finally obtained 10 acres of land on the S.B. Snyder farm, east of Fremont on U.S. Route 20, for a planned amusement park and sports complex.

A group of area businessmen formed an amusement corporation, which included Frank Buehler, D.W. Cushman, A.R. Christy, Charles Sherwood, Harry F. Gottron and LeRoy White. They enlisted local businesses, including the Steinle-Wolfe Construction Company, to build the amusement complex, breaking ground on October 19, 1925.

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