Changes

Russenberger purchased the historic [[Thiesen Building]] for $200,000 in [[1992]], then spent around $3.5 million renovating it for the [[Network USA]] headquarters.

In [[1995]], the [[City of Pensacola]] sought a development partner to help revitalize the area at the southern end of [[Palafox Street]]. The resulting project, [[Palafox Pier]], was heavily funded by Russenberger, who paid $1 million to lease the land<ref>"Palafox Pier part of city's urban vision." ''Pensacola News Journal'', June 24, 2000.</ref> and around $17 million to construct the 92-slip marina and four mixed-use structures totaling 90,000 square feet. The city contributed $2.4 million for the infrastructure, breakwater and parking lot, plus a $1.2 million state grant for other improvements and a pledge to demolish [[Bayfront Auditorium]] and replace it with a [[Plaza de Luna|public park]].<ref>http://www.inweekly.net/article.asp?artID=912</ref>