Tampa Bay Rays set for new $2.3B stadium project after county and city approve financing plan
Summary
The Tampa Bay Rays baseball team received approval from county and city officials to finance a new $2.3 billion stadium and entertainment district near Raymond James Stadium in Tampa, Florida. The new stadium, seating 31,000 people, is planned to open in 2029 and aims to secure the team’s future in Tampa Bay.Key Facts
- Hillsborough County approved $796 million for the stadium and entertainment district.
- Tampa City Council approved $80 million for the project.
- The Rays will contribute at least $1.3 billion and cover any additional costs beyond that.
- An additional $30 million will come from federal disaster recovery funds.
- The stadium will be built next to Raymond James Stadium, home to the Tampa Bay Buccaneers NFL team.
- The Rays signed an agreement with Hillsborough College to build the stadium on college land and renovate some buildings.
- The team has played at Tropicana Field since 1998 but moved temporarily in 2025 due to hurricane damage.
- The current lease at Tropicana Field runs through the 2028 season.
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.
