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10mo ago

St. Petersburg Approves $6.5 Billion Rays Stadium Redevelopment

City Council greenlights transformative project to revitalize Historic Gas Plant District with new ballpark, housing, and more.

St. Petersburg Mayor Ken Welch, right, shares a moment with Tampa Bay Rays team president Matt Silverman after the City of St. Petersburg voted to approve the 12 agreements with the Rays and Hines that form a plan for a ballpark in the Historic Gas Plant District.
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Tampa Bay Rays owner Stuart Sternberg addresses the audience during a Rays press conference in the Baldwin Group Club at Tropicana Field , Wednesday, July 17, 2024, in St. Petersburg, Fla. (Dirk Shadd/Tampa Bay Times via AP)
St. Petersburg Mayor Ken Welch, left, is congratulated by Rays chief public affairs & communications officer Rafaela Amador Fink and Rays president Brian Auld after the city council voted to approve the 12 agreements with the Rays and Hines that form the foundation of the plan for a ballpark and the Historic Gas Plant District on Thursday.

Overview

  • The project includes a $1.3 billion stadium and extensive mixed-use development.
  • Plans feature 4,400 housing units, including affordable options, and a 6,000-seat music hall.
  • The redevelopment aims to create 11,000 jobs and add significant open space and parking.
  • Pinellas County to contribute $312.5 million from tourist tax funds.
  • The initiative seeks to honor past promises to the displaced Gas Plant community.