Tampa Bay Rays stadium deal appears dead, city delays vote to fund Trop repairs

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Tampa Bay Rays stadium deal appears dead, city delays vote to fund Trop repairs

A plan years in the making to build a modern $1.3 billion ballpark for the Tampa Bay Rays in the heart of downtown St. Pete may be completely dead.

On Thursday, St. Petersburg City Council voted to delay a vote that would approve two bonds totaling $287.5 million in tax-exempt funding for the new stadium, following suit with the Pinellas County Commission which voted to delay their bond funding for a second time earlier this week.

The county commissioners and city councilmembers were hesitant to grant the bond resolution due to the Rays’ lack of communication.

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Rays and Hines inch closer to striking deal with city on Gas Plant development agreement

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Rays and Hines inch closer to striking deal with city on Gas Plant development agreement

A nine-hour discussion ensued Thursday as St. Pete City Council members meticulously combed through the Tampa Bay Rays and Hines' 183-page development agreement for the Historic Gas Plant District. 

It took over a decade and countless hours of negotiations to reach this milestone conversation about the $6.5 billion development that will transform 86 acres in the heart of downtown St. Pete into an 8-million-square-foot mixed-use district anchored by a new ballpark - becoming the largest project to ever commence in Tampa Bay. 

If ultimately approved, the new 30,000-seat enclosed stadium will open in 2028 as part of the first phase of the 30-year planned development.

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