Current:Home > MarketsFlorida county approves deal to build a new Tampa Bay Rays stadium -Profound Wealth Insights
Florida county approves deal to build a new Tampa Bay Rays stadium
View
Date:2025-04-20 21:44:10
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! (77)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- We can't get excited about 'Kraven the Hunter.' Don't blame superhero fatigue.
- Michael Cole, 'The Mod Squad' and 'General Hospital' actor, dies at 84
- Ohio Supreme Court sides with pharmacies in appeal of $650 million opioid judgment
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Arizona city sues federal government over PFAS contamination at Air Force base
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Hougang murder: Victim was mum of 3, moved to Singapore to provide for family
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- This drug is the 'breakthrough of the year' — and it could mean the end of the HIV epidemic
Ranking
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Only about 2 in 10 Americans approve of Biden’s pardon of his son Hunter, an AP
- Federal appeals court takes step closer to banning TikTok in US: Here's what to know
- Social media platform Bluesky nearing 25 million users in continued post
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- The best tech gifts, gadgets for the holidays featured on 'The Today Show'
- Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Recommendation
Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
A fugitive gains fame in New Orleans eluding dart guns and nets
Ohio Supreme Court sides with pharmacies in appeal of $650 million opioid judgment
Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
Social media platform Bluesky nearing 25 million users in continued post
Wisconsin kayaker who faked his death and fled to Eastern Europe is in custody, online records show
As a Major California Oil Producer Eyes Carbon Storage, Thousands of Idle Wells Await Cleanup