2000 – City and club officials announce plans for the financing and construction of a new, downtown Miami retractable roof ballpark for the Marlins. The state-of-the-art $385 million stadium, which will be a 40,000-seat facility with 60 luxury suites, includes a 40-year lease and an agreement to rename the team the “Miami Marlins”. The deal will soon run into snags and the stadium will not be built for another decade, however.