First buildings in 50-acre development to be completed in 2024
TAMPA, FL. (March 6, 2023) – Tampa Mayor Jane Castor joined developer Darryl Shaw, the founder and CEO of KETTLER, Bob Kettler and dozens of other community leaders and elected officials this morning to mark the official groundbreaking of Gas Worx, a transformational 50-acre development in Ybor City.
“Today is a historic day for Ybor City. We needed the right partners with the right vision. Darryl Shaw and KETTLER are those partners and together we are bringing more housing, more jobs, and more vibrancy to this beloved neighborhood.” said Castor.
“Tampa is the most significant emerging market in Florida. We are honored to be a part of its story and find such incredible new partners here,” added Bob Kettler. “The roots of Ybor City are grounded in stories of people from diverse backgrounds who built the foundations we build on today. We are committed to protecting and enhancing Ybor’s unique character and honoring its cherished history.”
A joint venture between Shaw and KETTLER, Gas Worx is located between the Ybor Historic District and Channel District, once complete Gas Worx will include nearly 5,000 new residences, over 500,000 square feet of office space, and more than 140,000 square feet of new retail. Additionally, the development includes more than 300 units of affordable housing – the biggest private investment in affordable housing in the city’s history.
“The beauty of Ybor City is truly the people who call it home – engaged, passionate, and dedicated to this area. Today we celebrate each and every person who has left their mark here and I look forward to seeing more people call Ybor City home.” Shaw said. “Gas Worx will have a place for everyone.”
The first 317-unit apartment development within Gas Worx is scheduled to deliver in 2024.
KETTLER is an award-winning multifamily developer, real estate investor, land development, and property management company. With over 45 years of providing superior capabilities across the development lifecycle; zoning/entitlement, predevelopment, leasing, and operations, KETTLER reimagines the communities it creates and serves. Founded in 1977, the company has developed over 25,000 multifamily units, 8 million square feet of commercial space, more than 78,000 homes in 25 master-planned communities, and many of the D.C. region’s premier mixed-use communities. KETTLER’s current pipeline includes over 4,500 multifamily units being developed, 2,000 planned residential lots, and 5,000 new managed. Headquartered in McLean, Va., the company manages approximately 20,000 apartments in the Northeast, Mid-Atlantic, and Southeast regions. For more information, please visit www.KETTLER.com.