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The Tampa Bay Rays have secured a non-binding agreement with Hillsborough College that could pave the way for a new stadium in Tampa and, eventually, generate a $34 billion economic impact.
According to the memorandum of understanding (MOU) unanimously approved Tuesday afternoon by the Hillsborough College District Board of Trustees, the Rays would redevelop the 113-acre Dale Mabry site with new academic facilities, a ballpark with adjacent amenities and a sprawling mixed-use community.
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