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  • The link between Tampa and Daytona’s biggest real estate projects
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The link between Tampa and Daytona’s biggest real estate projects

From Daytona’s sands to Tampa’s Gasworx, Aston Martin and Valor prove that legacy drives Florida’s new era of luxury.
Chuck Merlis October 22, 2025

The Aston Martin Residences Daytona Beach Shores is more than just another luxury tower. It is a statement that legacy can move markets.

When the British automaker partnered with Clearwater-based Valor Real Estate Development, the collaboration became a case study in purpose and precision.

The oceanfront site sits on the same stretch of sand where early drivers once raced against the tide and helped invent Florida’s culture of speed.

That same culture reached Tampa decades ago. In the early 1900s, Plant Field hosted some of Florida’s first auto races, transforming a horse track into a dirt oval where thousands gathered to see innovation tested in real time. From the fairgrounds to the first street circuits, auto racing has long been part of Tampa’s history and development.

Archival images showing early auto racing at Tampa’s Plant Field, including vintage race cars on a dirt track and spectators gathered along the oval course.
Scenes from Plant Field in Tampa during the early 1900s, when horse and auto racing helped shape Florida’s culture of speed. (Courtesy of TampaPix)

READ: Ybor’s Gasworx reveals historic names for new buildings

That story parallels another form of place-making across the bay. In Ybor City, KETTLER’s Gasworx development is tying Tampa’s future to its past through design, naming and intent.

Historical photos of dockworkers loading and unloading ships at Tampa’s port, showing cranes, cargo, and bustling maritime activity.
Tampa’s port in the early 20th century, where stevedores helped power the city’s economy and global trade connections.

The district’s new buildings — The Luisa, Olivette and The Stevedore — pay tribute to the people and industries that built Ybor City’s identity more than a century ago.

Both projects reveal how the region’s next phase of growth will be guided by meaning as much as momentum.

Archival photo of a lively crowd gathered inside Tampa’s historic Marti-Maceo Club in Ybor City, with musicians performing on stage.

Legacy in motion

For decades, Florida’s luxury map has centered on the southern coast. Miami, Palm Beach and Fort Lauderdale set the tone for prestige and design.

That geography is shifting. Global brands are now looking north, not just for land but for story. Consumers now respond to authenticity over opulence and purpose over polish.

Aston Martin’s move into Daytona Beach Shores was not a detour. It was a deliberate decision to anchor design in history. The company’s collaboration with Valor brings together two forms of credibility — global craftsmanship and local command of place.

READ: Aston Martin’s next move: A luxury high-rise in Daytona Beach Shores

In Daytona, that meant honoring the birthplace of Florida’s racing heritage. In Tampa, where Aston Martin and Valor plan to build next, it means applying those same principles to a city that has already learned how to balance innovation with preservation.

Past fuels progress

In both Daytona and Ybor, legacy is more than nostalgia. It is infrastructure.

Moises Agami, Valor’s chief executive officer, describes that mindset in practical terms. “Our job as developers is to come into an area, observe what it has, identify what it needs and then build with purpose,” he said.

READ AGAMI’S TBBW COVER STORY: The CEO of Valor Capital has big visions for projects in Tampa Bay

For Aston Martin, purpose begins with alignment. Stefano Saporetti, the company’s director of brand diversification, said the decision to work with Valor was grounded in shared values. “Luxury is not only possession. It is experiential,” he said.

Nighttime rendering of the full Aston Martin Residences Daytona Beach Shores tower illuminated along the coastline.
The 18-story Aston Martin Residences Daytona Beach Shores will feature 86 residences and more than 10,000 square feet of public dining and café space.

That belief turns design into leadership. At Gasworx, history is not a backdrop but a brand pillar. The Luisa honors Ybor’s only recorded female lector. Olivette recalls the steamship that linked Tampa to Havana. The Stevedore celebrates the dockworkers who powered the city’s port economy. Each represents continuity often overlooked in modern development.

The road ahead

The Daytona Beach Shores tower is only the beginning. Aston Martin and Valor plan additional projects in Tampa Bay and Mexico City, expanding a partnership built on alignment and precision.

For Tampa, that move signals growing confidence from global brands that see the region as a place where design, leadership and credibility already meet. The project also reinforces a broader trend showing Tampa Bay is no longer viewed as a secondary market but as a serious platform for luxury and innovation.

Purpose over polish

ThemeAston Martin ResidencesGasworx Development
IntentExtend a global design legacy through local credibilityHonor Ybor’s cultural identity through adaptive growth
MethodTranslate performance principles into architectural disciplineEmbed history into the physical and brand language of the district
ResultA global collaboration grounded in authenticityA community identity renewed through development

Both projects operate on the same principle: history is a competitive advantage.

Design as leadership

Growth without identity is fragile.

Aston Martin and Valor aligned through shared principles — transparency, craftsmanship and precision. KETTLER applied the same logic to Ybor, grounding progress in the details that make a place meaningful.

Front view of The Stevedore at Gasworx, showing red-brick architecture with ground-floor retail and residential balconies.
The Stevedore honors Tampa’s dockworkers through architecture that mirrors the city’s early industrial character.

READ: Tampa’s Bayshore to welcome $136 million Magnolia Hotel

The takeaway for executives is not limited to development. It applies across industries. A strategy grounded in heritage creates resilience. It builds trust that branding alone cannot. It turns investment into permanence.

History’s value

Both projects remind us that leadership is not about acceleration but intention.

In a market defined by change, legacy offers stability. It provides a framework for decision-making that balances confidence with continuity.

That approach is shaping the next chapter of growth. It shows that progress can honor the past and that storytelling remains a tool of strategy, not sentiment.

The next phase of Florida’s luxury evolution will not be built on glass alone. It will be built on memory, meaning and leaders who understand that every strong future begins with respect for where it started.

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Tampa Bay Business & Wealth (TBBW) is the leading source of Tampa Bay business news, telling the stories behind the region’s biggest companies and the leaders shaping Tampa Bay’s economy.

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