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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