Rays say stadium would promote $1 billion in investment

Updated: November 17, 2007, 3:32 PM ET
Associated Press

ST. PETERSBURG, Fla. -- A new waterfront stadium and redeveloped Tropicana Field could bring $1 billion in investment to St. Petersburg's economy, according to the Tampa Bay Rays.

The city released a 600-page document on Friday outlining the team's plans for the proposed $450 million ballpark and the redevelopment of the Rays' current home.

The plan would create 2,500 permanent jobs and 14,000 temporary construction-related jobs. The redevelopment of Tropicana ...

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