Under Construction

Gasworx

Gasworx is a 50-acre, roughly six-million-square-foot mixed-use district being built on former industrial land between downtown Tampa, the Channel District and the Ybor City National Historic Landmark District.

Official Website
03.23
Start
2027
Full build-out
5000
Units
10
Floors
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Details

1502 Nick Nuccio Parkway, Tampa. 10 floors and 5000 residences. Broke ground March 2023, full build-out 2027. Financed with $182M from Bank OZK in February 2025.

The story so far
Announced 2023 est.
Broke ground Mar 2023KETTLER & Darryl Shaw broke ground on Gasworx Phase 1 in Ybor City, March 2023 (KETTLER)
kettler.com
Financing secured Feb 2025Bank OZK provided a $182M construction loan covering the E1, E2 and E3 parcels, per The Real Deal
therealdeal.com
Tenant announced Oct 2025Grow Financial Federal Credit Union anchored the district's six-story Class A office building on parcel E2, taking roughly 108,000 sq ft, per Tampa Bay Business and Wealth
tbbwmag.com
The Luisa tops out Mar 2026the Phase 2 residential building on the district's eastern side reached its structural peak, targeting completion in 2027, per Tampa Bay Business and Wealth
tbbwmag.com
Phase 1 complete Apr 1, 2026The Stevedore opened to residents with 390 apartments and 9,700 sq ft of retail, following La Union Residences and Social Hall's 317 apartments in 2024, per Florida YIMBY
oftmw.com
Phase 2 complete Apr 1, 2026The Stevedore opened to residents, delivering 390 apartments and 9,700 sq ft of retail at 1502 Nick Nuccio Parkway
oftmw.com
Resident move-in Apr 1, 2026The Stevedore (390 units, 7 stories) opened to residents per Tampa Bay Times
oftmw.com
Topped out Apr 17, 2026Olivette, the 10-story, 376-home tallest residential building at Gasworx, topped out with a Moss ceremony Friday April 17, 2026 (Business Observer 2026-04-17)
oftmw.com
Phase 2 progress Aug 2026Olivette topped out, E2 office exterior nearly complete and fully leased, The Luisa targets spring 2027
floridayimby.com
Ferguson signs on Aug 13, 2026Fortune 500 Ferguson leased about 50,570 sq ft for a new Tampa corporate office in the six-story Gasworx office building, bringing it to 100 percent leased alongside anchor Grow Financial; Ferguson expects to move in April 2027
kettler.com
Expected opening 2027
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 21, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
Delivers in phases · 1 component
TMW Intelligence

The outlook for Gasworx

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About the project

Gasworx is a 50-acre, roughly six-million-square-foot mixed-use district being built on former industrial land between downtown Tampa, the Channel District and the Ybor City National Historic Landmark District. Led by KETTLER with local landowner Darryl Shaw and Prague-based PPF Real Estate USA, the master plan calls for close to 5,000 residences, more than 500,000 square feet of office space and roughly 150,000 square feet of retail across eighteen properties, organized around walkable streets, multi-use trails, the Paseo retail corridor and the roughly one-acre Gasworx Park. The district is explicitly transit-oriented development, built around a realignment of Tampa's TECO Line Streetcar System and a new in-district streetcar stop, together with a new East Fourth Avenue rail crossing that stitches back streets long severed by the CSX corridor. Master planning and architecture come from Sasaki, S9 Architecture and architect of record Smallwood, with buildings delivered by Moss and CBG Building Company. Completed and rising components include La Union Residences and Social Hall, The Stevedore, the Olivette and Luisa residential buildings, a converted marketplace hall, and a six-story Class A office building anchored by Grow Financial Federal Credit Union, alongside a planned Live Nation music venue.

Companies and contacts

Every firm on Gasworx, the office nearest it, and the people who work on it.

Inside this development
1 direct component.
Common questions

Frequently asked

Where is Gasworx located?

Gasworx is located in Tampa.

When will Gasworx be completed?

Gasworx is under construction, with completion expected in 2027.

How will Gasworx be built out?

Gasworx is a phased, multi-component development with 1 tracked component delivering on a rolling schedule. Full build-out is expected in 2027.

Who is developing Gasworx?

KETTLER, Darryl Shaw is the developer behind Gasworx.

Who designed Gasworx?

Gasworx was designed by S9Architecture & More.