St. Petersburg mayor sees ‘path forward’ on Rays stadium deal. Is there one?
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Mayor Ken Welch of St. Petersburg has indicated a potential path forward for the Tampa Bay Rays stadium deal, which faces significant hurdles. The City Council recently postponed a crucial vote on financing bonds for the projected $1. 3 billion stadium, raising concerns about the project's viability. During the meeting, Rays president Brian Auld expressed doubts about the economic feasibility of the deal, particularly in light of escalating construction costs and a potential delay in the stadium's opening.
Mayor Welch, who has invested much of his political capital into this initiative, believes that a solution is still possible that would not require additional funding from the city. The uncertainty surrounding the stadium has led to speculation about the Rays' future in St. Petersburg, as they are set to play the 2025 season in Tampa. Local officials continue to navigate the complexities of this high-stakes situation, with varying degrees of optimism. The ongoing discussions reflect the significant impact this project could have on the local economy and community.
As stakeholders seek clarity, the fate of the Rays remains in a precarious balance.