Rays Win Big as County Approves Stadium Bonds!

Rays Win Big as County Approves Stadium Bonds!

Tampa Bay Rays locked in their future in Florida as Pinellas County officials approved over $300 million in bonds for a new stadium. The $1.37 billion project in St. Petersburg’s Historic Gas Plant District will see the team, led by Stu Sternberg, contribute $700 million and cover any cost overruns.

 

 

 

 

 

 

 

Tampa Bay Rays are one step closer to a permanent home as Pinellas County commissioners approved over $300 million in bonds for a new stadium in St. Petersburg. The $1.37 billion project, led by financier Stu Sternberg, will include a mixed-use area with affordable housing, retail, and green spaces. Commissioners also approved the sale of 65 acres of public land to support development.

 

 

 

 

 

 

 

Despite setbacks, including damage from Hurricane Milton and doubts over the project’s future, the deal was finally approved with two commissioners reversing their previous votes. The Rays current stadium, Tropicana Field, is set to become unplayable after 2025 due to storm damage. The new stadium is slated to open in 2028, with the team temporarily relocating to Tampa’s Steinbrenner Field in 2025.