Rays Intensify Efforts for New Stadium Development
The Tampa Bay Rays are intensifying their efforts to secure a new stadium, fueled by recent changes in ownership. The club, under new management, is moving forward with plans to build on the Dale Mabry campus of Hillsborough College. A non-binding memorandum of understanding was signed last month, allowing for exclusive negotiations for a period of 180 days.
Stadium Development Plans
Recent discussions highlighted various key steps in the proposed development. The team aims to create a 113-acre mixed-use site that will include not only a stadium but also additional real estate components, drawing comparisons to Atlanta’s The Battery. The estimated cost for this initiative is approximately $2.3 billion, with the Rays committing to cover half of the expenses and seeking public funding for the remainder.
Investment and Funding Sources
The Rays are willing to invest between $8 billion and $10 billion in the surrounding mixed-use area. Florida Governor Ron DeSantis mentioned that the land would be transferred to the college to facilitate negotiations. The team’s request for funding has sparked urgency, as DeSantis hinted at potential relocation if the new stadium does not become a reality, stating, “You know Orlando wants this.”
- Current Ownership: New ownership led by Patrick Zalupski
- Proposed Site: Dale Mabry campus, Hillsborough College
- Total Development Cost: $2.3 billion
- Team Investment: $8 billion to $10 billion in the mixed-use area
Community Concerns and Challenges
Local government officials expressed mixed reactions to the funding of the stadium. While the Hillsborough County commissioners unanimously voted to pursue negotiations with the Rays, there were concerns about using taxpayer money. Commissioner Joshua Wostal highlighted a promise regarding the Community Investment Tax (CIT), stating, “We have not even begun to collect that tax.” Ken Hagan, a supporter of the deal, emphasized that without CIT funds, the agreement would be significantly challenged.
Background and Future Outlook
The Rays’ pursuit of a new stadium has a long history, with previous owner Stu Sternberg exploring various locations in both Tampa and St. Petersburg. An earlier proposal to build on the site of Tropicana Field, the club’s current home, was halted due to hurricane damage and subsequent negotiations falling apart. The team’s lease at Tropicana Field extends until 2028, but the Rays did not utilize the stadium in 2025 due to significant damage.
Major League Baseball commissioner Rob Manfred has stressed the necessity of resolving the stadium situation soon. He remarked on the club’s pivotal moment, stating, “It’s time to call the question here.” As the club aims to finalize agreements, time is essential, with only a few years remaining to ensure a new stadium is in place.
