Hurricane-ravaged office tower in downtown St. Pete is on the market for redevelopment
By Emma Behrmann
Tampa Bay Business Journal
Published: Apr 6, 2026

The downtown St. Petersburg office building wrecked by a falling construction crane during Hurricane Milton is finally for sale.

The property at 490 First Ave. S has been listed for sale and marketed as a redevelopment opportunity in downtown St. Pete. The marketing materials reference the property as a land site, according to JLL’s website, stating the vacant office building will be demolished prior to closing and would be suitable for high-rise residential development.

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