Overview
- The Tampa City Council will vote Thursday and the Hillsborough County Commission will vote Friday on the revised stadium agreement that ties public backing to the Rays’ proposed site at Hillsborough Community College’s North Dale Mabry campus.
- Under the latest terms, Hillsborough County would provide about $796 million and the City of Tampa about $80 million toward the project, with the remaining cost covered by the team and private partners.
- County legal officials say outstanding issues remain in the documents and negotiators delivered updated materials ahead of the votes, so final legal fixes will be needed for the deal to be binding.
- The Rays and developers pledge about $1.37 billion of team investment and at least $8 billion in private development around the stadium, and reported contract terms include $4 million annual rent and a 35-year non-relocation commitment.
- Project backers aim to begin demolition in December, start construction in 2027 and open in early 2029, but that schedule depends on narrow local votes and later financing steps that could change costs or timing if approvals fail.