The Tampa Bay Rays will not terminate plans to build a new stadium in downtown St. Petersburg, likely ensuring the team retains control over a $6.7 billion redevelopment project.
The Rays also agreed that previously approved agreements to build a new $1.37 billion ballpark remain valid in a letter sent Friday evening to Pinellas County Commission Chairperson Kathleen Peters. Peters recently asked the team to honor the long-negotiated deal or issue a formal termination notice by Dec. 1.
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