Cocoa Beach Glass Bank building demolition begins

COCOA BEACH, Fla. -

Cocoa Beach's Glass Bank building will soon be no more. Heavy equipment has been brought in and the demolition process has begun.

For better or worse, the 1960s-era structure is a landmark in Cocoa Beach and some folks, like Denise Stanton, who's lived in Cocoa Beach since 1969, are sad to see it go.

"This building has a lot of meaning, history and memories that go with it," said Stanton. "As we watch it disappear slowly and stripped of its history and stories, it's kind of sad."

The building, which opened in 1962, was home to First Federal Savings and Loan and Ramon's Rainbow Room.

Other businesses operated there as well, but over the years the Glass Bank lost its appeal and fell into ownership limbo.

"It's been here for a long, long time and for us it's almost like a historical moment seeing it be torn down," said Dean Kreilcamp, a Cocoa Beach resident.

He, like many others, stopped by Wednesday to get a glimpse of the newly started demolition.

The city said the construction will cost around $145,000 and it's not yet known how long the demolition will take.

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Cocoa Beach Glass Bank building demolition begins