spot_imgspot_img

Pinellas County Commission to vote Tuesday on Rays stadium bonds

spot_img

(The Center Square) – With a crucial vote scheduled Tuesday for the Pinellas County Commission on previously-delayed stadium bonds, the Tampa Bay Rays’ owner is saying a move to another city isn’t off the table.

The commission is scheduled to vote on the $335 million worth of bonds to help build a new $1.2 billion stadium in St. Petersburg. The Major League Baseball team will receive $600 million from taxpayers for the Tropicana Field replacement, which is scheduled to open in 2028 and anchor a $6.5 billion development in the 86-acre Historic Gas Plant District.

Team owner Stuart Sternberg told the Tampa Bay Times that relocation “is not an unlikely conclusion” with some members of the commission balking over the cost of the bonds.

“Last month, the county commission upended our ballpark agreement by not approving their bonds, as they promised to do,” Sternberg told the Tampa Bay Times. “That action sent a clear message that we had lost the county as a partner.

“The future of baseball in Tampa Bay became less certain after that vote.”

Category 3 Hurricane Milton made landfall near Siesta Key on Oct. 9 and tore 18 of the 24 panels on the roof of Tropicana Field, the home for the Rays since the inaugural 1998 season. The stadium opened in 1990 and has at various times been home to Davis Cup tennis, the NHL’s Lightning, a college football bowl game and an Arena Football League franchise.

The team will play next season at the New York Yankees’ spring training park, George Steinbrenner Field, in Tampa.

Kennesaw State professor J.C. Bradbury said in a post on X that “Redeveloping the Trop land without a stadium would probably bring more economic benefits to St. Pete’s citizens than if the stadium was included. Stadiums are not good development anchors.”

Bradbury is a skeptic of the public financing of stadiums and has done research showing that stadiums aren’t drivers of economic growth, a key argument of team and local officials on why the subsidies are needed.

The St. Petersburg City Council will take up the issue at its Friday meeting on whether to replace Tropicana Field’s roof for two seasons before a new stadium is scheduled to open.

The council voted Oct. 31 to spend $6.5 million for cleanup efforts.

A report released by the city of St. Petersburg and written by Hennessy Construction Services says Tropicana Field repairs could cost $55 million, with $26.3 million needed in just the roof replacement alone.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Don’t Trust The Drugs: The Dangerous Lack Of Diversity In Clinical Trials

Many medications today are tested mainly on white men...

Schools face additional regulation under new Illinois laws

(The Center Square) – Starting Jan. 1, Illinois schools...

Trump endorses Robson in 2026 Arizona gubernatorial race

(The Center Square) – President-elect Donald Trump addressed convention...

One Woman’s Fight To Expose The Genetic Disease That Made Her An Orphan

Casey Mulligan Walsh only found out she had a...

New Illinois laws affect drivers beginning Jan. 1

(The Center Square) – Several new laws go into...

Prices rose over 20% under Joe Biden’s administration

President Joe Biden is only a few weeks away...

Spokane Valley eyes process to forfeit surplus properties for affordable housing

(The Center Square) – Spokane Valley officials discussed legislation...

More like this
Related

Don’t Trust The Drugs: The Dangerous Lack Of Diversity In Clinical Trials

Many medications today are tested mainly on white men...

Schools face additional regulation under new Illinois laws

(The Center Square) – Starting Jan. 1, Illinois schools...

Trump endorses Robson in 2026 Arizona gubernatorial race

(The Center Square) – President-elect Donald Trump addressed convention...

One Woman’s Fight To Expose The Genetic Disease That Made Her An Orphan

Casey Mulligan Walsh only found out she had a...