What was once a Greyhound bus station just outside downtown St. Petersburg will soon make way for an upscale townhome development in a rapidly evolving area. Tampa Bay City Living (TBCL) recently acquired two adjacent parcels at 180 and 200 Dr. Martin Luther King Jr. St./9th St. North, for $3.95 million. Developer Jeff Craft noted that the St. Petersburg-based company built The District townhouse development a quarter mile south of the properties.