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The team reduced its public funding request to about $1 billion for its $2.3 billion proposed stadium, but Hillsborough officials say financing assumptions and deal terms still require further talks as deadlines near.
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A county workshop on the Rays stadium proposal helped commissioners determine whether to contribute to the project, how to fund their share and how much to commit.
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With the Rays under new ownership led by a major DeSantis and Republican donor, the governor is striking a different tune when it comes to funding sports stadiums.
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The report by the consulting firm AECOM estimates the ballpark and its surrounding development would have an economic impact of $75 billion over 30 years. It was commissioned by the Tampa Sports Authority.
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The proposal comes after weeks of negotiations with local officials but has not been vetted by public boards. It lays out ambitious economic projections to recoup the upfront investment.
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There are calls for transparency as the board negotiates using the half-cent Community Investment Tax to help pay for the new ballpark on the site of Hillsborough College's Dale Mabry campus.
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County commissioners want to have a financing package for the estimated $2.3 billion project ready beforehand. Meantime, the Rays have scheduled two more community meetings in Tampa.
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The team is revising the proposed ballpark roof after an independent analysis suggested the design could cost at least $300 million more than expected. Public funding and construction timelines remain uncertain.
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The measures could possibly increase the number of county commissioners to 11 — if population trends continue.
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The price tag of a new Rays stadium in Tampa is estimated to be a minimum of $2.3 billion. Hillsborough County commissioners are digging into whether that cost can work.
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They say they're satisfied with the zoning applicant's environmental strategy. The county has not officially approved the rezoning.
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Hillsborough County Commissioners agreed to add six years to the hockey team's lease in exchange for major renovations to Benchmark International Arena.