Chief Tenant: Tampa Bay Rays
Location: Current site of Al Lang Field, downtown St. Petersburg, FL.
Earliest Projected Opening Date: 2012
Configuration: Baseball only, 34,000 seat, retractable-roof, open-air ballpark.
Roof: Unique retractable system comprised of a light weatherproof fabric that will be pulled along cables that are suspended between arches on one end and a central mast structure on the other. It will take approximately 8 minutes to open or close the roof.
Cost: Estimated by Rays and City to be $450 million, as of 11/29/07. Change will be reflected as announced.
Funding Plan: Reports have the Rays contributing as much as $150-million, covering one-third of the cost. The team also would seek legislative approval for $60-million of state money in future sales tax revenue from food, beer and merchandise sales in the new park. To offset costs, the land (85 acres) where Tropicana Field is located would be redeveloped. as a major retail, entertainment, and housing development. According to the Pinellas County Property Appraiser's Office, the current market value is around $121 million. That includes the baseball stadium and parking lot. Reports mention that appraiser's estimates are typically low. It is possible that as much as $200 million may be fetched for the property.
Parking: Currently, no on-site parking has been announced within the press releases from the Rays. They note that due to "Al Lang site’s proximity to the existing interstate highway network and over 12,000 publicly-accessible parking spaces in downtown St. Petersburg. In addition, 5,000 overflow parking spaces will be available on the Tropicana Field site."
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ALL IMAGES COURTESY OF TAMPA BAY RAYS AND HOK ARCHITECTURE