These 4 Things Must Happen Before Rays Stadium Construction Begins
Summary
The Hillsborough County Commission approved the construction of a new stadium for the Tampa Bay Rays near Hillsborough College in Tampa. Before construction can start, four key steps need to be completed, and the stadium is expected to open for the 2029 MLB season.Key Facts
- The Hillsborough County Commission approved the stadium plan on August 28.
- The Tampa City Council approved its financial part of the deal by a 4-3 vote the day before.
- Four things must happen before building begins: bond validation (30-90 days), starting a temporary Hillsborough College campus, finalizing stadium design, and completing a community benefits agreement.
- The stadium project is estimated to cost $2.3 billion.
- The Rays will invest about $1.37 billion and cover any extra costs.
- Hillsborough County will pay $796 million, and Tampa city will pay $80 million.
- The county will own the stadium, and the Rays will pay $4 million a year in rent over 35 years.
- The new stadium aims to secure the Rays’ long-term future and eliminate past relocation rumors.
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