Rays receive approval for new $2.36 billion ballpark in Tampa

Yahoo Sports1 min read • Latest: Aug 28, 2026, 7:27 PM

Last updated Aug 28, 2026

Rays receive approval for new $2.36 billion ballpark in Tampa
Summary

The Tampa Bay Rays have secured formal approval for a new $2.36 billion ballpark after a 5-2 vote from the Hillsborough County Commission. This follows an earlier vote from the Tampa City Council. Groundbreaking is set for later this year at the Hillsborough College’s Dale Mabry Campus, with plans for the stadium to open in 2029. The project aims to enhance the region's appeal and is expected to include a mixed-use development inspired by The Battery in Atlanta. The Rays will cover 63% of the construction costs, a higher percentage compared to recent ballpark projects by other MLB teams.

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By the Numbers
  • Hillsborough County Commission and Tampa City Council approved the funding plan.
  • The new ballpark aims to improve the team's central location in Tampa.
  • Groundbreaking is expected later this year with a 2029 opening.
  • Rays will finance 63% of the ballpark construction costs.
  • MLB expansion discussions may progress following this development.
Latest Updates
  • 7:27 PMYahoo SportsRays’ $2.36B Ballpark Gets Final Approval in Tampa
What they're saying
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Groundbreaking is targeted for later this year.

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