Approved - New Rays Stadium, St. Pete Council says YES 5 to 3

Colleen Wright journalist of TampaBay.com discusses St. Pete
Council approval of new Tampa Bay Rays stadium & the long
journey to get there



Council Votes & Reactions

Recent council decisions were expected, with minor changes to
environmental & sustainability language 

The council vote went as expected, with a 5-3 split 

Strengthened language in the contract aimed to ensure
implementation of standards, not just aspirations

Mat watched the council meeting & acknowledged the valid
concerns raised 


Contract Language & Concerns

Tweaks were made to tighten the deal, particularly concerning
the resale of publicly owned land 

Concerns about "Rays or Hines affiliates" receiving property
without clear definitions 

Council member, pushed for clearer contract terms &
transparency 


Development Timeline

Stadium completion targeted by 2028 

300 affordable housing units are expected by 2030

Full development build-out will span 30 years 

The stadium will remain county-owned, with the Rays
controlling broadcasting, naming rights, concessions, &
ticket revenues 

Discussion on the financial benefits for Rays' owner, Stu
Sternberg, including the potential increase in team valuation
with the new stadium 


Community Impact & Long-Term Vision

The deal has mixed reactions, with some community members
& groups wanting a more equitable deal 

Concerns over future enforceability of contract terms 

Importance of written contracts for ensuring commitments are
met over time 

The development will include a fresh food market, though its
completion is not legally required until 2045 

The project is subject to various permits & zoning
changes, with groundbreaking expected in 2025 

The importance of timely development to avoid losing the Rays
as a key part of the project 

The project is expected to significantly impact the area,
with phased developments over 30 years 

Continued scrutiny & clear contractual terms are crucial
for the project's success & community satisfaction 

Kudos to Colleen Wright & St Pete Times team for their
coverage of the Rays

Stu Sternberg’s longstanding commitment to St. Pete 



Thanks to Mat Germain for bringing his knowledge, wit and wisdom
to the show. You can catch more of Mat on Twitter x.com
@Mat_Germain_   
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