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 Field would attract a million square feet of new retail, office and residential development. That would generate more than $800 million in new property and sales tax revenue over the next 35 years, according to the document. The figures are from an Oct. 22 letter to the city from Michael Kalt, the team's senior vice president for development and business affairs. The letter was part of the document released on Friday.