St. Petersburg Approves Bonds for New Rays Stadium, County Vote Looms
Pinellas County Commission's December 17 vote will determine the future of the $1.3 billion stadium project and the Rays' long-term presence in Tampa Bay.
- The St. Petersburg City Council narrowly approved $287.5 million in bonds for a new stadium and $142 million for infrastructure in the Historic Gas Plant District.
- Pinellas County must now decide whether to contribute $312.5 million in tourist tax-funded bonds, with a vote scheduled for December 17.
- The Rays, displaced from Tropicana Field due to Hurricane Milton, plan to play at Steinbrenner Field in Tampa through at least 2025.
- The team has expressed concerns about rising costs and delays, warning that the current deal may be financially unsustainable without additional funding solutions.
- The broader $6.5 billion redevelopment project aims to address past displacement in the Gas Plant District, adding significance to the stadium's potential approval.