St. Pete Formalizes Split From Rays Development Deal - Tampa Bay ...
ST. PETERSBURG, FLORIDA, JUL 23 – The St. Petersburg City Council ended the $1.3 billion stadium project after the Rays withdrew, enabling the city to pursue new redevelopment plans, officials said.
- The St. Petersburg City Council officially voted in July 2025 to terminate its stadium deal with the Tampa Bay Rays and Hines after the team withdrew in March.
- The Rays ended the $1.3 billion new ballpark project due to cost overruns and delays caused by Hurricane Milton damaging Tropicana Field in late 2024.
- The city approved $22.5 million in funding to repair Tropicana Field’s roof and other facilities, with repairs expected to finish by April 2026, allowing Rays tenure through 2028.
- Owner Stu Sternberg is reportedly close to selling the Rays to Jacksonville developer Patrick Zalupski, who prefers relocating the team to Tampa, though the Rays remain contractually tied to St. Pete.
- The termination frees city land for redevelopment and ends the Rays’ development rights, while officials and community members debate future uses and impacts on displaced residents.
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12 Articles
St. Pete City Council officially terminates stadium deal with Tampa Bay Rays
ST. PETERSBURG, Fla. (WFLA) -- The St. Petersburg City Council voted unanimously Thursday evening to terminate its stadium deal with the Tampa Bay Rays and developer, Hines. The unanimous vote comes months after the baseball franchise announced it would be withdrawing from the $6.5 billion project -- $1.3 billion allocated for the new stadium-- in March. Principal owner Stuart Sternberg said in a statement that a "series of events" occurred in O…
St. Petersburg City Council terminates Rays stadium deal
The St. Pete City Council voted unanimously Thursday to terminate the Rays stadium deal. The deal would have built a new ballpark for the Tampa Bay Rays, as well as redeveloped the surrounding Historic Gas Plant District. Council member Richie Floyd says the termination will have a minimal impact on the city. “You know, I think we have an opportunity now, that we wouldnt have had if we were to go forward with this, one in which we have a lot mo…
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