ST. PETERSBURG — A decadeslong wait to redevelop a key block on Central Avenue might be nearing an end after a city commission approved the demolition of most of the historic 89-year-old Union Trust bank building.
The redevelopment of the block downtown was a priority for Mayor Rick Kriseman.
The developer, Art Village I LLC of Tampa, wants to tear down much of the building that occupies the north side of the 800 block, a stretch of Central that lacks the bustle of the city’s main artery that exists to the east and west.
