Tampa Bay Rays set for new $2.3B stadium project after county and city approve financing plan

The Tampa Bay Rays have secured the necessary financing approvals from both city and county officials to proceed with a $2.3 billion stadium project in Tampa, Florida. The city council approved their portion of the plan on Thursday, followed by county approval on Friday.

The new ballpark is slated to replace the team's current home, the domed Tropicana Field. The project represents a significant infrastructure development for the franchise and the local area.