The Tampa Bay Rays are exploring the possibility of moving to a new stadium site in Ybor City but whether the team leaves Tampa Bay or not, it seems the Rays will have continued ownership of 65 acres of land.
The Rays currently own 65 acres of land at the former gas plant site in south St. Petersburg. The team purchased the land in 2018 for $16.4 million with the intention of building a new stadium there.
However, the Rays have since decided to explore other stadium options in Ybor City. If the team were to move to Ybor City, it would not need the gas plant land for a new stadium.
If the Rays do not use the gas plant land for a new stadium, they have several options for what to do with it.
One option is to sell the land. The land is located on the waterfront, making it a valuable piece of property.
Another option is to develop the land themselves. The Rays could build apartments, retail stores, or other businesses on the land.
Finally, the Rays could donate the land to the city of St. Petersburg. The city could then use the land for a park or other public space.
The city of St. Petersburg is interested in acquiring the gas plant land from the Rays.
The city is considering using the land for a park or other public space.
The city is also interested in the possibility of the Rays developing the land themselves.
The Rays have not yet decided what they will do with the gas plant land.
The team is still exploring its options and weighing its legal obligations.