It seems like part of the justification for the Rays proposal is that it will benefit other businesses in the area like restaurants. But that is just a red herring—no one has bothered asking restaurant owners if they want to have a baseball stadium nearby and there is no groundswell of support from downtown businesses wanting a baseball stadium nearby. In any event, the Rays will try to capture any ancillary spending in the same way they and every other sports team do. Except when trying to get support for public subsidies, professional sports teams view nearby restaurant, souvenir shops, etc. as competition.
But the better question to ask is if the city was going to spend $450 million to benefit and improve the city, how would that best be accomplished? Does anyone believe that a baseball stadium would come anywhere near the top of the list?
But instead of a $450 million stadium that is likely to become a white elephant in 15 years like the Trop evidently has, why not spend a much smaller amount creating something on the St. Petersburg waterfront which is truly unique like the Gateway Arch is to St. Louis? Maybe something linking to the Pier. It is ridiculous that the St. Petersburg city leaders are looking to baseball team owners to provide them with city planning ideas and it is even more absurd when you realize that these particular baseball team owners are the worst around in doing what they are supposed to do which is field a competitive ball team. If you ask a baseball team owner how to achieve economic development the answer is always going to be a new publicly-funded stadium but economic study after study have shown that is money poorly spent.
