Historic Gas Plant District Update 06/18/24

Tampa Bay Rays New Stadium Receives Preliminary Approval

 

 

The St. Petersburg City Council has given preliminary approval for the new $1.3 billion stadium for the Tampa Bay Rays. The stadium will be a component of Historic Gas Plant District. Following a workshop meeting where funding and other details were discussed, the council voted 5-3 in favor of the plan. Another meeting is planned for July 9 and a final vote will take place on July 11. Pending final approval, the plan is for construction on the stadium to begin in 2025 with completion in time for the start of the 2025 baseball season. The redevelopment, in addition to the new state-of-the-art ballpark for the Tampa Bay Rays major league baseball team, will include a transformational development by the Hines Historic Gas Plant Partnership on the 86-acre site where the team’s current stadium sits. The project for St. Petersburg, Pinellas County and the Tampa Bay region will include nearly 8 million square feet of mixed-use development 4,800 residential units, 1,200 affordable/workforce residential units (on and off-site), 600 senior living units, 1,400,000 square feet of office, medical and commercial space, 750,000 square feet of retail, 750 hotel rooms, 100,000 square feet of entertainment space, including a concert venue to seat up to 4,000, 50,000 square feet of civic space, namely a new home for the Carter G. Woodson African American Museum, 90,000 - 100,000 square feet of conference, ballroom and meeting space, 14 acres of public open space, 14,000 parking spaces.

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