TAMPA, Fla. (AP) — The owner of the Tampa Bay Rays baseball team wants to make Ybor City — a historic neighborhood in the city of Tampa — the team's next home.

Stuart Sternberg said at a news conference Friday that the team would focus its new ballpark search on a 14-acre site in Tampa that sits just north of Ybor Channel.

It's the first time the team has publicly stated its preference for Tampa over St. Petersburg, its home for more than 20 years.

Also Friday, a local businessman announced the formation of the Tampa Bay Rays 2020 organization and campaign to help gain support for the project from the public and business community.

The timeline of such a project is unclear. A new ballpark will likely cost more than $700 million.

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