The “Million Dollar Pier” which extends into Tampa Bay from downtown St. Petersburg was dedicated on this date. 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 30 years. It was not until a 1921 hurricane that the pier needed to be completely rebuilt, 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, but it was recently closed to the public in early 2013 due to structural issues.