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RE: LeoThread 2025-02-10 00:58

in LeoFinancelast month

Part 4/8:

Despite the turbulence surrounding their current situation, discussions concerning a new stadium have progressed, with approvals from the city and county already in hand. However, complications have postponed the timeline for completion. Initially anticipated to open by 2028, the new development may not be ready until 2029, incurring an additional $150 million in costs. Furthermore, the Rays face a looming deadline of March 31, 2025, by which they must resolve various issues to retain control over the Gas Plant District site currently occupied by Tropicana Field. The stakes are high; failure to meet this deadline would not only jeopardize their relocation plans but also eliminate their authority over prime real estate valued at approximately 65 acres.

The Complexity of Financing