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St. Pete council belatedly approves Rays stadium bond issuance

December 5, 2024

News

Historic Gas Plant

St. Pete council belatedly approves Rays stadium bond issuance

In a 4-3 vote Thursday evening, city council members approved a non-ad valorem tax bond issuance to finance St. Petersburg’s contribution to the Historic Gas Plant District’s $6.7 billion redevelopment. A $1.37 billion ballpark will anchor the 30-year project.

Jason Mathis, CEO of the St. Petersburg Downtown Partnership, recently told the Catalyst that “there are several well-heeled local groups who are talking about finding ways to support the team and keep them in St. Pete.”

Click here to read more in the St. Pete Catalyst.

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