St. Petersburg City Council approves bonds for Rays stadium, Gas Plant

The St. Petersburg City Council has made a significant decision by approving bonds to finance its portion of a $1. 3 billion stadium for the Tampa Bay Rays, alongside revitalization efforts in the Historic Gas Plant District. The narrow 4-3 vote indicates a divided opinion among council members, with four in favor and three opposing the measure. This funding is essential for the proposed $287.

5 million stadium and an additional $142 million for road and sewer improvements. The upcoming meeting of the Pinellas County Commission on December 17 will be a decisive moment, as they could either approve their own bonds to support the project or potentially create a $312. 5 million shortfall. Tensions surrounding the deal have risen, particularly after Rays executives signaled financial concerns about the project, stating that they may not be able to afford to open the new ballpark by the planned 2029 date. Council member Gina Driscoll urged the county to partner with the city to ensure the project’s success, highlighting the critical nature of the upcoming vote.

The decision not only impacts the future of the Rays but also the economic development of St. Petersburg and its surrounding areas. As the situation unfolds, the community remains watchful of how the commission will respond to the council's request for support.