“The “Million Dollar Pier,” which extends into Tampa Bay from downtown St. Petersburg, was dedicated on this date in 1926. The first pier structure on the site was built in 1889, and due to its popularity as a tourist destination, new piers were constructed over the course of the next thirty years. A 1921 hurricane severely damaged the pier, so the City of St. Petersburg appropriated a $1 million bond for a new structure, giving rise to the name, “million dollar pier.” The structure was torn down in 1967, and in 1973 a new pier was built with a large inverted pyramid at the end. However it was closed to the public in early 2013 due to structural issues, and has since been demolished.”
~Florida Historical Society