https://www.mlbtraderumors.com/2023/09/details-from-rays-stadium-announcement.html
This doesn’t sound like a great fix long term for the team. If the location was the issue and getting to that location, it’s going to be close to the same spot as Tropicana Field…
The stadium itself will cost $1.3 billion but is part of a larger redevelopment of the Historic Gas Plant District site, where Tropicana Field is already located, which will cost $6.5 billion overall. Despite the announcement, the financing hasn’t quite been finalized just yet. The Rays are covering more than half of the $1.3 billion price tag for the stadium, approximately $700MM. That leaves $600MM to be covered by the city of St. Petersburg and Pinellas County.
That structure has been agreed to by the Rays, St. Petersburg Mayor Ken Welch and Pinellas County administrator Barry Burton, but it still needs to be approved by the city council and the county commission. Assuming that comes to pass and everything gets rubber stamped, the Rays will sign a 30-year lease that starts with the 2028 season. The stadium will seat around 30,000 under a fixed roof, with artificial turf on the field and “operable walls to bring the outside in.”