@CBSSportsMLB
Not at any cost. The
@MLB
@RaysBaseball
ask of $1.6B in public resources from the city ($6k per person
@StPeteFL
) compromises quality of life and doesn't enhance it. We love baseball, but we love St. Pete more.
@jc_bradbury
Do you see this becoming a trend? Or simply the leadership there less easily persuaded by the claims the investment will pay off for taxpayers?
"Intent doesn't matter, what matters is what's in writing." said
@lissethanewicz
... she goes on to ask "What happens if Stu Sternberg sells
@RaysBaseball
?"
The Battery Atlanta is a bad model for
@stpetefl
Rays Hines
@HistGasPlantSTP
redevelopment...the Braves stadium loses $15 million yearly despite being in an area with 3-4x the population. There are no “benefits” to determine, unless you own the team.
@TriciaWhitaker
The local
@RaysBaseball
fans definitely watch.... over and over again they say that they do, on TV... from home and at sports bars etc. In-person attendance
@HistGasPlantSTP
has been a challenge, despite the growth in and around
@StPeteFL
.
A grade of D- is absolutely unacceptable with many of our beloved
@StPeteFL
neighborhoods in peril of continual flooding risks. We cannot afford huge public subsidies to professional sports
@RaysBaseball
when critical infrastructure hardening projects go unfunded.
@MayorKenWelch
The Surfrider Foundation looked at how states prepare for sea level rise, erosion, and future infrastructure as a new report revealed that Florida's beaches are degrading more and more every year.
It's not a done deal until the April vote. The Hines
@RaysBaseball
plan will impact
@stpetefl
@HistGasPlantSTP
community for years to come. Not only a $2.4 billion taxpayer drain but quality of life. The last CBAC mtg is tomorrow City Hall @ 5:30 pm.
When
@richiejfloyd
asks for more than 'assurances' about commitments, he is met w/ resistance. Many of the clauses require speculation and he suggests more clarity in the written agreement.
@Thischarminham
Oakland chief of staff Leigh Hanson deserves SUPER HERO status standing up for her city. "We pick up trash and we do cops and we care about economic development, but it's not our responsibility to house you." 🪨⭐️ reply that the extension fee was not to be misconstrued as rent.
Huge kudos to
@lissethanewicz
for requesting precision in DA in protection of
@StPeteFL
... she points out the many many many areas of ambiguity in the contract that are unacceptable... told that these are 'opportunities' for more clarity. She wants contractual conditions.
The city
@StPeteFL
is PAYING 💸💸 to
@RaysBaseball
@Hines
for the promised Community Benefits... they aren't gifting it to us. Don't get that twisted. Read the development agreement and learn that promises of affordable housing etc. are all subsidized by taxpayer resources.
@WFLA
Yup... the Trop needs major modernization... the holdup?
@RaysBaseball
wants $2.4 billion from
@StPeteFL
@PinellasGov
taxpayers to build it. Corporate welfare for baseball enjoyed by few? Or better to use that 💸💸 for urgent public needs like $760 million Stormwater Master Plan.
The affordable housing provisions in the Rays Hines plan get significant engagement during the CBAC meetings. Many folks are concerned more aren't planned, and of those that are - the numerical goals lack teeth and may never actualize. What do you think?
The Rays Hines
@RaysBaseball
@HistGasPlantSTP
plan could dramatically change the lives of an entire
@StPeteFL
community. Tomorrow, Jan. 30th listen/learn/speak at the community benefits meeting. You can make a difference whether City Council decides to vote YES or vote NO.
@royalpratt
@chicagotribune
There needs to be oversight / accountability for these huge taxpayer asks... as a sort of consumer protection. Individual municipalities aren't able to easily handle the heavy-handed big money shake downs.
@jc_bradbury
@johnmoz
In the face of increasing climate challenges
@StPeteFL
has to prioritize managing flood risks and enhancing infrastructure resilience over discretionary projects like new stadiums for professional sports teams.
The City of St. Petersburg presented a flood mitigation plan to the Shore Acres Civic Association which includes replacing 14 backflow preventers, adding a pump station and upsizing storm drain pipes over the next 4 years. 1./
@BN9
Research Proved: "Analyses by both
@RaysBaseball
and county planners found a proposed Ybor site would dramatically increase the number of people living within a short drive of the stadium." Beyond an initial novelty effect, the needle won't move much to increase attendance
@Colleen_Wright
Agreed. They got very quiet w/ hard questions too. It's clear with this much detail that members
@richiejfloyd
@lissethanewicz
had to hurry through their real and valid concerns... and likely others will too. Rushed roundtable workshops compromise due diligence.
When a picture says it all... a brief storm yesterday flooded many St. Pete streets. And
@StPeteFL
could decide to move forward with subsidizing a stadium for
@RaysBaseball
or could instead use that money for stormwater needs. That's an easy decision.
WUSF spoke to
@rondiner
about
@HistGasPlantSTP
redevelopment proposal: how the land is being greatly undervalued, the stadium will saddle
@StPeteFL
with debt for years; and why a better deal is required w/
@RaysBaseball
@hines
or alternatives considered.
@fieldofschemes
If professional sports teams continue to ask for billions in long term taxpayer commitment, they must agree to reciprocal contractual accountability toward their promised economic impact projections.
Make it make sense? The Rays are worth around $1.25 BILLION dollars... yet our taxpayers are being asked to divert $2.4 billion of public dollars to subsidize a new
@RaysBaseball
stadium and
@HistGasPlantSTP
development, with its 86 acres prime real estate.
We love baseball and want
@RaysBaseball
to stay in the area. But not at a taxpayer cost of $2.4 billion. We're smarter than this. The proposed Rays Hines deal is not in the best interest of
@StPeteFL
and
@PinellasGov
. And it won't pay off for taxpayers.
"What they really want is a new stadium to stimulate interest and increase the value of the team so they can sell and walk with our tax money as their profit. This is nothing new, it has been done before."
What happens if the team is sold... and other unknowns such as affordable housing terms and minimum development targets still need hammering out between
@RaysBaseball
@Hines
and
@StPeteFL
for
@HistGasPlantSTP
.
"This is a thirty-year gamble" for
@StPeteFL
and
@raysbaseball
doing a stadium deal
@HistGasPlantSTP
the same location where the team can barely draw 20k even during a playoff game. "It's the blind leading the blind. The team needs to be moved."
It's not about BASEBALL... this is a REAL ESTATE PLAY...the proposed
@HistGasPlantSTP
development would leave
@RaysBaseball
@Hines
holding some of the most valuable property in
@StPeteFL
and paying $500 million+ under value. Read the analysis of the deal.
We polled voters on Nextdoor and a full 89% of 507 residents said
@StPeteFL
citizens should decide on the
@RaysBaseball
stadium deal. Among the comments “But of course the taxpaying citizens will be out maneuvered by the city once again.”
Just under 20k people showed up to the Trop last year for a
@RaysBaseball
playoff game.... the smallest crowd at an MLB playoff since the 1919 World Series. Does a billion+ taxpayer investment in a new stadium at the same location make sense?
At last night’s CBA meeting regarding the Rays-Hines ballpark bamboozle & redevelopment rip-off, community members utilized public comment to criticize the plan & set the record straight. Here’s what I had to say:
Due diligence point...
@richiejfloyd
suggests his 20 minutes to ask questions is frustrating and insufficient while
@RaysBaseball
@Hines
have had years to hash out very detailed provisions.
Is the City
@StPeteFL
spending enough to harden infrastructure? Do we have the funds? Imagine if we renegotiated with
@RaysBaseball
@hines
and reserved more funds for emergencies? Shore Acres, Snell Isle, Coquina Key, Riviera Bay, Tropical Shores, Maggiore, and Bartlett Park
The Rays Hines plan will impact the
@stpetefl
@HistGasPlantSTP
community for decades to come. Not only a $2.4 billion taxpayer drain but quality of life. This is not a done deal until it's voted on in April. Make your voice count now. Come to City Hall @ 5:30 tonight.
.
@MayorKenWelch
is lucky that actual working people couldn’t make it to the State of the City address because the Gas Plant rip off deal isn’t something to be proud of.
Attend the CBAC meeting tn @ 5:30 PM at City Hall to demand a “NO” recommendation of this corporate handout!
"It's a REAL ESTATE PLAY for the extra 64 acres..." not
@RaysBaseball
or equity for
@HistGasPlantSTP
. At a time when we're in the hottest market of
@StPeteFL
history the Rays won't do a deal just for the 22 acres stadium land. Tell
@StPeteFL
to vote NO...
"Plenty of developers would take those 86 acres of land
@StPeteFL
@HistGasPlantSTP
in a flash *without* the headaches of a stadium." quote via citizen letter. "Why are we giving it to
@RaysBaseball
for a fraction of its value?"
@craigcalcaterra
In
@StPeteFL
w/
@RaysBaseball
'public/private' partnership is often used, w/o shared risk or shared revenue. Taxpayers risk a $2.4 subsidy, w/o accountability to promised Rays economic impacts. And yet the Rays get all the upside on revenues.
Obvious that
@StPeteFL
has spent a tremendous amount of time / effort on the
@RaysBaseball
@Hines
proposal. The only detail MISSING is that they forgot to negotiate a fair price for
@HistGasPlantSTP
land that is at market value. Why not? Get a current appraisal.
"The
@RaysBaseball
stadium deal has lots of positives, but the most important issue is still a negative: the location
@StPeteFL
@HistGasPlantSTP
. Attendance issues have plagued the Rays since inception, even during playoffs." comment rec'd via socials.
"The purpose of
@StPeteFL
City Government is to provide public safety (police and fire), infrastructure (roads, bridge, water and sewer), parks, and promote positive economic policy. Using taxpayer dollars to fund a
@RaysBaseball
stadium
@HistGasPlantSTP
in which it receives no
Asking for a Friend...if you really wanted to increase patronage... would you build a restaurant in Tampa where there are almost 2.4 million people w/in 30 minutes of downtown? Or in
@StPeteFL
where there are only 650k w/in driving distance of downtown?
“When there are no more potholes, when they fix the flooding in Shore Acres, when they build enough sewage treatment plants and stop polluting the Bay...that's when we can have a conversation about baseball stadiums."
Will new affordable housing really be built on a redeveloped Gas Plant site? There is no guarantee under the current Rays/Hines proposal.
@Kenwelch
@richiejfloyd
@AnthonyClose
Affordable Housing a Dealbreaker? Four
@StPeteFL
council members — enough to squash the
@HistGasPlantSTP
deal in a vote — said they were unhappy with the affordable housing terms.
@RaysBaseball
@Hines
... please do better.
Big projects get a lot of media oxygen. But for many, it's the daily stuff. "What about what cities are supposed to do… namely cleaning streets, removing graffiti and filling potholes. During the holidays we heard a group of visitors compare the filth of St. Pete to Baltimore
We're hearing the same argument for the 86 acres of prime real estate
@HistGasPlantSTP
@StPeteFL
. The entire area is thriving with new development. But the Rays Hines deal sees them paying just $105 million; despite conservative estimates it is worth between $700-$900 million.
The fact that the area "is primed for business and urban development" is a strong argument *against* building an arena at the Potomac Yard site, not for it. Sports venues are poor development catalysts, which certainly aren't needed if development would occur there anyway.
Well done and concise
@EdgeofSports
"Oakland losing the A’s is an indictment of Manfred, Fisher, and all the billionaires trying to tell us that we should be paying for their stadiums." Will
@RaysBaseball
listen?
My latest piece
@thenation
is about Oakland, the A’s, West Sacramento, the disgraceful owner of the team and a Vegas citizen’s movement that could upend his best laid plans.
Surprising Lack of Transparency: Despite months of 'Here to Stay' talk,
@StPeteFL
@PinellasGov
have yet to have a thorough look at the final
@RaysBaseball
@Hines
agreements—which they have not received—or the total cost and risks associated with the deal.
Sign petition for
@StPeteFL
to negotiate a real Private / Public partnership w/
@RaysBaseball
= stadium rent, revenue sharing and a fair price for our Historic Gas Plant District land.
Budgets represent priorities.
@StPeteFL
needs $760 million for its Stormwater Master Plan. Spending $1.6 billion public dollars on a new
@RaysBaseball
stadium while neighborhoods like Shore Acres are literally bailing water out of their living rooms just feels off.
St. Petersburg’s city council on Thursday approved $28 million in standard grant agreements with the Florida Department of Environmental Protection for projects meant to help with flooding in the city.
We have the same questions for
@stpetefl
City Council as they consider $2.4 billion in public funds for Rays Hines new stadium and mixed-use development
@HistGasPlantSTP
and the ancillary ways that they will monetize it for private gain.
The pitch for this is clear. The lack of understanding of the economics of this from politicians is also clear and not unique to Chicago. Interested in who would make the money on the businesses outside a potential stadium that almost always receive tax benefits.
While
@richiejfloyd
asks hard questions about DA, the answer is only
@RaysBaseball
@Hines
must have FLEXIBILITY and protect themselves in decision making authority and that's paramount. Again
@StPeteFL
is ceding much control over our
@HistGasPlantSTP
land and future input.
@MikeOpera
@Athletics
Correct... "John Fisher is a greedy real estate speculator and nothing more." When MLB owners turn their stadium deals in Real Estate Plays... it stops being about the fans, or baseball.
@RaysBaseball
@Hines
or any noble causes that they layer on top to make the deals palatable.
The proposed agreement with Rays Hines requires
@StPeteFL
to take on substantial debt, borrowing $704 million that will incur another $25 million in annual debt service including interest... we cannot afford this misallocation of community resources.
@EdMontanari
@darrylrouson
One person wrote to us on socials that
@StPeteFL
must "Pay or lose the team. It’s as simple as that throughout all professional sports." Our answer...if that's true, the
@RaysBaseball
deal sounds more like extortion than the private public partnership we're being sold.
We're not baseball haters. We're not against development and growth. What we are against is reckless misuse of taxpayer money. We've done the math what a win-win with
@RaysBaseball
would look like - or whether
@StPeteFL
should walk from the deal.
Our petition is a quick and simple way to let
@StPeteFL
City Council know you want them to re-negotiate a better deal with
@RaysBaseball
@hines
for the
@HistGasPlantSTP
. Sign today and share with friends that support the effort!
In this
@wfla
segment
@lissethanewicz
voices a few of her questions re
@HistGasPlantSTP
and the importance of clarifying terms and information around the joint venture and partnership structure.
@craigtimes
@fema
@jake_bittle
Good coverage of an important issue.
@StPeteFL
faces significant flood threats, many neighborhoods struggling w/ repetitive flooding even after short rains. Battling mother nature is never easy.
Matthew Silverman tells committee only w/
@RaysBaseball
can
@StPeteFL
successfully develop Gas Plant...we have been successful w/o their help in the past. We need a FAIR deal w/o subsidizing Rays Hines $6k for every man, woman and child. They must buy the land at fair value.
Not about baseball or the value of sports in communities at all. It's the disproportionate imbalance in the public/private partnership. Mainstream media is starting to call the boondoggles out...where are you
@TB_Times
@TBBJnewsroom
@10TampaBay
@bn9
@wfla
$24,000 per family ~ $6,000 person ~ $1.6 billion in total. That's the cost of the
@RaysBaseball
@Hines
stadium
@HistGasPlantSTP
deal for all of us in St. Petersburg. We can keep baseball, but we need - and deserve - a better deal.
St. Pete deserves better, much better. That's the takeaway from readers' letters to
@TB_Times
about the proposal in front of the city by Rays Hines for a new stadium and massive redevelopment of the 86-acre Historic Gas Plant District site in
@StPeteFL
.
✖️FALSE. The claim that $50 million in intentional equity is a sufficient return on the public investment for
@HistGasPlantSTP
...The truth? $50 million is only 4% of the public funds and public owned land taxpayers are contributing to
@RaysBaseball
@hines
for development.
"Baseball is a great game and
@RaysBaseball
are a valuable asset to the city, but citizens shouldn’t have the financial liability for the sake of baseball bragging rights.
@StPeteFL
deserves a better deal than the one offered." letter from citizen via
@TB_Times
@MayorKenWelch
"The currently negotiated agreement to build
@RaysBaseball
a new stadium in
@StPeteFL
, on the backs of the taxpayers, is an egregious transfer of wealth to billionaire owners of the Rays." **The Rays franchise value now exceeds $1.25 billion
...for those that still think this is about
@RaysBaseball
@HistGasPlantSTP
... "the model typically allows franchises to generate revenue from real estate holdings—directly or indirectly—in addition to baseball."
✖️False. The promise that a Convention Center will be built in
@RaysBaseball
@Hines
development
@HistGasPlantSTP
... The truth?
@StPeteFL
city administration has confirmed there will only be convention MEETING SPACE within a future hotel, there WILL NOT be a convention center.
Looking at idealist
@RaysBaseball
@HistGasPlantSTP
renderings, it's easy to be excited about community impact promises. In fact, many of the projects in the plan won't be complete within this decade...
@fieldofschemes
The time cannot come soon enough for the lopsided, failed model of $2 billion+ taxpayer shakedowns to private sports franchises like
@RaysBaseball
...to be banished to the dustbin of history.
We know stadiums aren't economic catalysts. But
@stpetefl
says 'this time is different' the
@HistGasPlantSTP
project is more than just a stadium and will drive growth. A recent peer review shows otherwise; ancillary developments do not improve fiscal returns of stadium projects.
My article with Rob Baumann evaluating a commissioned pro forma model that supposedly showed ancillary stadium districts promote economic development. It doesn't hold up, and we put it through peer review. If you don't like it, write a reply.
Ron Diner spent a large part of his career analyzing and negotiating real estate deals, contributing to the development of affordable housing nationwide. Read what he told St. Pete City Council Jan. 4.
@PinellasDems
@darrylrouson
@MayorKenWelch
Recently beach renourishment has required our county to fund emergency dune restoration projects so important to our community. Leadership must ensure the Rays Hines stadium deal does not compromise our ability to borrow funds for future emergencies.
We're close to 300 signatures...Sign the Petition to Urge St. Pete City Council to Renegotiate Rays Hines Deal or Develop the 86 Acres Independently via
@Change
Let's do the math...what should
@StPeteFL
City Council Members do? Our polls show voters want more input into the Rays Hines proposal for a new
@RaysBaseball
stadium and redevelopment of the
@HistGasPlantSTP
@jc_bradbury
@_j3r3my_T
@StPeteFL
Understand. However, data shows 80% of the
@StPeteFL
voters are against the deal. And the
@TB_Times
guest opinion pieces seemed skewed to authors that are developers/bankers etc. that are for it... rather than average taxpaying citizen that's voice is more often overlooked.
✖️False. The promise that the African American museum will be built as part of the
@RaysBaseball
@Hines
development
@HistGasPlantSTP
...The truth? Only $10 million will be contributed to the $30/$40 million needed for the Carter G Woodson Museum, the rest💸💸💸 has to be raised.