Rays are out: St. Pete stadium, redevelopment deal dead

What was once considered a bluff is now a reality. The Tampa Bay Rays have walked away from a long-negotiated, $1.37 billion stadium deal in downtown St. Petersburg.

The team's development partner, Hines, will no longer transform Tropicana Field's sprawling parking lots into a vibrant mixed-use district that pays homage to the Black community displaced from the area. However, owner Stuart Sternberg left the window cracked for a restructured agreement.

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City leaders react to Rays pulling plug on stadium deal

Reactions were swift Thursday to Tampa Bay Rays owner Stuart Sternberg’s announcement that he would not move forward with plans to build a new $1.37 billion stadium in downtown St. Petersburg.

In a prepared statement, Mayor Ken Welch called Sternberg’s decision a “major disappointment.” However, he said it was “not unexpected.”

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