Current:Home > FinanceFlorida county approves deal to build a new Tampa Bay Rays stadium -Elevate Capital Network
Florida county approves deal to build a new Tampa Bay Rays stadium
View
Date:2025-04-17 11:03:51
CLEARWATER, Fla. (AP) — The Tampa Bay Rays have the government backing they need to build a long-sought-after ballpark after the Pinellas County Commissioners approved on Tuesday the west-central Florida county’s share of the funding for the 30,000-seat stadium.
The county voted 5-2 to approve spending about $312.5 million for its share of the ballpark costs from revenue generated by a bed tax that can only be spent on tourist-related and economic development expenses. The St. Petersburg City Council approved spending $417.5 million for the stadium earlier this month.
The $1.3 billion ballpark will guarantee the team stays put for at least 30 years. It’s part of a broader $6.5 billion redevelopment project that supporters say would transform an 86-acre (34-hectare) tract in the city’s downtown, with plans in the coming years for a Black history museum, affordable housing, a hotel, green space, entertainment venues, and office and retail space. There’s the promise of thousands of jobs as well.
“This is so much more than a baseball stadium. It is poised to become, if we do it right, a world-class tourist destination,” said Commissioner Janet Long. “It’s more than about the baseball stadium. It’s a transformational, once-in-a-lifetime opportunity,”
The linchpin of the project is the planned roofed stadium, scheduled to open for the 2028 season. It caps years of uncertainty about the Rays’ future, including possible moves across the bay to Tampa, or to Nashville, Tennessee, or even to split home games between St. Petersburg and Montreal, an idea MLB rejected.
The rest of the project would mainly be funded by a partnership between the Rays and the Houston-based Hines global development company. It will take decades to complete.
The site, where the Rays’ domed, tilted Tropicana Field and its expansive parking lots now sit, was once a thriving Black community displaced by construction of the ballpark and an interstate highway. St. Petersburg Mayor Ken Welch says one of his priorities is to right some of those past wrongs in what is known as the Historic Gas Plant District.
The Rays typically draw among the lowest attendance in MLB, even though the team has made the playoffs five years in a row. This year, the Rays have a 54-52 record, placing them fourth in the American League East division.
The ballpark plan is part of a wave of construction or renovation projects at sports venues across the country, including the Milwaukee Brewers, Buffalo Bills, Tennessee Titans, Jacksonville Jaguars and the Oakland Athletics, who are planning to relocate to Las Vegas. Like the Rays proposal, all the projects come with millions of dollars in public funding that usually draws opposition.
A citizen group called No Home Run and other organizations opposed the deal, with the conservative/libertarian Americans for Prosperity contending the track record for other publicly financed sports stadiums is not encouraging.
County Commissioner Chris Latvala said he’s a huge baseball fan and recounted many fond memories of following the Rays, but he still voted against the project.
“I want professional baseball to stay here, I want the Rays to stay here, but at what price?” he said. “This will be a $1 billion publicly funded subsidy to a billionaire. I’m not willing to put my name on that.”
veryGood! (72)
Related
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Nonprofits Candid and Council on Foundations make a rare deal the way corporations do
- Mother bear with 2 cubs is shot dead, sparking outrage in Italy
- Federal court rejects Alabama's congressional map, will draw new districts to boost Black voting power
- Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
- America’s small towns are disbanding police forces, citing hiring woes. It’s not all bad
- Police narrow search for dangerous and 'desperate' prison escapee Danelo Cavalcante
- Kia, Ford, Harley-Davidson among 611,000 vehicles recalled: Check car recalls here
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- Maker of rapid-fire triggers falsely told customers they are legal, judge says in preliminary ruling
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Georgia can resume enforcing ban on hormone replacement therapy for transgender youth, judge says
- Kia, Ford, Harley-Davidson among 611,000 vehicles recalled: Check car recalls here
- Wait times to exit Burning Man drop after flooding left tens of thousands stranded in Nevada desert
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Car slams into fire truck in Los Angeles, killing 2, sending 4 firefighters to hospital
- Helicopter and small plane collide midair in Alaska national park, injuring 1 person
- Owner of collapsed Iowa building that killed 3 people files lawsuit blaming engineering company
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Keke Palmer and Darius Jackson Dance the Night Away at Beyoncé's Tour After Romance Drama
A Georgia redistricting trial begins with a clash over what federal law requires for Black voters
New York Fashion Week is coming back! Sergio Hudson, Ralph Lauren, more designers to return
Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
Julio Urías said he'd grow as a person. His latest arrest paints a different reality.
Beyoncé shines bright among Hollywood stars during Renaissance concert tour stop in Los Angeles
Ex-Italy leader claims France accidentally shot down passenger jet in 1980 bid to kill Qaddafi