Current:Home > FinanceFlorida county approves deal to build a new Tampa Bay Rays stadium -OceanicInvest
Florida county approves deal to build a new Tampa Bay Rays stadium
View
Date:2025-04-11 13:30:58
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! (518)
Related
- The Super Bowl could end in a 'three
- 2024 Olympics: You’ll Flip Over Gymnasts Simone Biles and Jordan Chiles’ BFF Moments
- Evacuations lifted for Salt Lake City fire that triggered evacuations near state Capitol
- Looking for an Olympic documentary before Paris Games? Here are the best
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Vice President Kamala Harris leads list of contenders for spots on the Democratic ticket
- Gunman in Trump rally attack flew drone over rally site in advance of event, official says
- Alaska police and US Coast Guard searching for missing plane with 3 people onboard
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Nashville-area GOP House race and Senate primaries top Tennessee’s primary ballot
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Eva Mendes' Ultimate Self-Care Hack May Surprise You
- US census takers to conduct test runs in the South and West 4 years before 2030 count
- 3 rescued after homeowner's grandson intentionally set fire to Georgia house, officials say
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- 2024 Olympics: You’ll Flip Over Gymnasts Simone Biles and Jordan Chiles’ BFF Moments
- Former U.S. Rep. Henry Nowak, who championed western New York infrastructure, dies at 89
- The best hybrid SUVs for 2024: Ample space, admirable efficiency
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
LeBron James selected as Team USA male flagbearer for Paris Olympics opening ceremony
Katy Perry's 'Woman's World' isn't the feminist bop she promised. She's stuck in the past.
Watch rappeller rescue puppy from 25-foot deep volcanic fissure on Hawaii's Big Island
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Air travel delays continue, though most airlines have recovered from global tech outage
Takeaways from a day that fundamentally changed the presidential race
Hunter Biden drops lawsuit against Fox News over explicit images featured in streaming series