St Petersburg Announces Price Tag To Repair The Trop

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St. Petersburg announces the price tag to repair the Trop
St. Petersburg announces the price tag to repair the Trop from

St. Petersburg Announces Price Tag to Repair the Trop

The cost to repair the Tropicana Field is estimated at $655 million.

The estimate for repairs represents a significant increase from earlier estimates made by the city in 2019. The original plan for renovations was priced around $90 million but was later scrapped after officials realized the issue was more significant than originally thought.

The cost of repairing the stadium would be borne primarily by the city.

City officials have stated that they plan to pay for the repairs using various methods, including issuing bonds, raising taxes, and soliciting private investment.

The city council voted unanimously to approve a $15 million loan to begin the repairs. The loan will be paid back with interest over the next 30 years.

The repairs are expected to take several years to complete.

During this time, the Tampa Bay Rays will continue to play their home games at the Tropicana Field.

The stadium is expected to be closed for the 2025 season while the most extensive repairs are made.

The repairs are necessary to keep the stadium from falling into disrepair.

The stadium has been in operation since 1998 and has not undergone any major renovations since its opening.

The repairs will include replacing the roof, upgrading the electrical system, and making other necessary repairs to ensure the stadium remains safe and usable.