$6B development, 'more mature market' makes this Rays deal different

The Tampa Bay Rays' new $1.3 billion ballpark still needs to win city and county approval, which officials are comfortable they'll get.

Tampa Bay Rays owner Stuart Sternberg and St. Petersburg Mayor Ken Welch announce the deal for a new $1.3 billion ballpark in the city at Tropicana Field.
Tampa Bay Rays owner Stuart Sternberg and St. Petersburg Mayor Ken Welch announce the deal for a new $1.3 billion ballpark in the city at Tropicana Field.
Photo by Mark Wemple
  • Tampa Bay-Lakeland
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The Tampa Bay Rays on Tuesday officially unveiled plans for a new $1.3 billion stadium that will be built with about $600 million in funds from the city of St. Petersburg and Pinellas County and at least that much from the team.

 

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