Current:Home > FinanceFlorida county approves deal to build a new Tampa Bay Rays stadium -ValueMetric
Florida county approves deal to build a new Tampa Bay Rays stadium
View
Date:2025-04-18 23:28:14
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! (8678)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Golden Globes 12 best dressed: Jaw-dropping red carpet looks from Selena Gomez, Margot Robbie, more
- Golden Globes 2024: See All the Couples Enjoying an Award-Worthy Date Night
- South Dakota State repeats as FCS champs with 29th consecutive win
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Taylor Swift makes the whole place shimmer in sparkly green on the Globes red carpet
- Glen Powell Reacts After Being Mistaken for Justin Hartley at 2024 Golden Globes
- Browns vs. Texans playoff preview: AFC rematch in wild-card round
- All That You Wanted to Know About She’s All That
- Michael Penix's long and winding career will end with Washington in CFP championship game
Ranking
- Intel's stock did something it hasn't done since 2022
- Barack Obama and John Mulaney are among the winners at the Creative Arts Emmy Awards
- Hailee Steinfeld Addresses Josh Allen Engagement Speculation at 2024 Golden Globes
- Bangladesh’s democracy faces strain as Hasina is reelected amid a boycott by opposition parties
- Tom Holland's New Venture Revealed
- California law banning guns in most public places again halted by appeals court
- Great Lakes ice season off to slowest start in 50 years of records. Why that matters.
- Chinese property firm Evergrande’s EV company says its executive director has been detained
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Bills vs. Dolphins Sunday Night Football: Odds, predictions, how to watch, playoff picture
Jaguars' breakdown against Titans completes a stunning late-season collapse
Jennifer Aniston's Golden Globes Haircut Is the New Rachel From Friends
Nevada attorney general revives 2020 fake electors case
'Prison Confessions of Gypsy-Rose Blanchard': Bombshells from Lifetime's new docuseries
Photos key in Louisiana family's quest to prove Megan Parra's death was a homicide
Stabbing leaves 1 dead at New York City migrant shelter; 2nd resident charged with murder