Tampa approves $2.3B deal for a new Rays ballpark
Summary
The Tampa City Council approved a $2.3 billion plan to build a new ballpark for the Tampa Bay Rays, with nearly $1 billion coming from public tax money. The project includes a stadium and an entertainment area on a college campus, aiming to secure the team’s future in the region.Key Facts
- Tampa’s City Council voted 4-3 to approve the $2.3 billion deal for the new Rays stadium.
- About $967 million of the funding will come from public tax dollars.
- The Rays’ CEO said the stadium will benefit the local area and secure Major League Baseball’s presence in Tampa Bay.
- The stadium and entertainment district will be built on Hillsborough College campus, next to the Yankees’ spring training site.
- Hillsborough County Commissioners will vote on the project the day after the city council decision.
- The Rays plan to complete the new stadium within three years.
- Since 1998, the Rays have played at Tropicana Field in St. Petersburg, except briefly during hurricane repairs.
- A previous $1.3 billion ballpark plan near Tropicana Field failed last year, raising uncertainty about the team’s future before the new plan.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
