Wednesday, January 15

Tag: Kate Payne

Pinellas County Approves Funding for Rays’ New $1.3 B Stadium in St. Petersburg

Pinellas County Approves Funding for Rays’ New $1.3 B Stadium in St. Petersburg

Sport
Nick Cammett/Getty ImagesThe Pinellas County Commission voted 5-2 Tuesday to authorize its $312.5 million share of bond funding for the Tampa Bay Rays' proposed $1.3 billion ballpark in St. Petersburg, Florida.Curt Anderson and Kate Payne in the Associated Press reported the news on the vote, which was a significant difficulty towards the Rays getting the needed funding to stay in the location and get the brand-new arena.Per Janelle Irwin Taylor of Florida Politics, the St. Petersburg City Council formerly authorized $287.5 million for the arena on Dec. 5.According to Jason Clinkscales of Sportico, the Rays are on the hook for $700 million overall and expense overruns.The arena becomes part of a larger $6.5 billion task, as kept in mind by the AP:"The proposed arena is a signature piece of...