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NewsFox 13 News (WTVT) — All NewsAugust 31, 2026Hillsborough

Tampa City Council and Hillsborough County approve $876 million for new Tampa Bay Rays ballpark

The Tampa City Council and Hillsborough County have authorized $876 million in public funding for a new Tampa Bay Rays stadium project. The team's ownership group is responsible for the remaining $1.37 billion in costs and any potential construction overruns.

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Why It Matters

This decision commits $876 million in public funds toward a $2.3 billion stadium project, with the team ownership assuming responsibility for the balance and cost overruns.

Key Facts

  • Tampa City Council and Hillsborough County approved $876 million in public funds for the new ballpark.
  • The Tampa Bay Rays ownership group is responsible for $1.37 billion of the total $2.3 billion project cost.
  • The team ownership is contractually responsible for any construction cost overruns.
  • Groundbreaking for the new stadium is targeted for September.

Who's Mentioned

organizationTampa City Council“Approved public funding for the ballpark.”organizationHillsborough College“Site of the new ballpark and campus transformation.”organizationHillsborough County“Approved public funding for the ballpark.”personMatthew Addison“Hillsborough College student.”personDesiray P.“Hillsborough College student.”personKen Babby“Rays CEO.”personKen Atwater“Hillsborough College President.”organizationAECOM Hunt“Construction contractor.”organizationHorus Construction Services“Construction contractor.”organizationTampa Bay Rays“Professional baseball team and project developer.”organizationTurner Construction“Construction contractor.”