spot_img

Pinellas County Commission to vote Tuesday on Rays stadium bonds

(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.”

- Advertisement -

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.

- Advertisement -

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.

spot_img
spot_img

Hot this week

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...

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

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

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

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

Out of Bounds: Black Athletes Urged to Boycott States Over Voting Rights

WASHINGTON (AURN News) — A political fight over Black...

Exxon: Massachusetts attorney general doctored photo in climate case

ExxonMobil is accusing the Massachusetts Attorney General’s Office of...

Poll: Platner has 7-point lead over Collins in Senate race

(The Center Square) — Democrat and oyster farmer Graham...

House GOP pushes Pritzker for local control

(The Center Square) – Illinois House Republicans say Governor...

Rising prices not slowing home sales in Wisconsin

(The Center Square) – People in Wisconsin continue to...

Seattle City Council approves temporary housing expansion plan

(The Center Square) - The Seattle City Council approved...

Wrongful death case: Toro mower ejected man, ran him over

For a second time this month, The Toro Company...

More like this
Related

Out of Bounds: Black Athletes Urged to Boycott States Over Voting Rights

WASHINGTON (AURN News) — A political fight over Black...

Exxon: Massachusetts attorney general doctored photo in climate case

ExxonMobil is accusing the Massachusetts Attorney General’s Office of...

Poll: Platner has 7-point lead over Collins in Senate race

(The Center Square) — Democrat and oyster farmer Graham...