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  • Major milestone for Ybor’s Gasworx project

Major milestone for Ybor’s Gasworx project

Ybor’s Gasworx hits a milestone as the Grow Financial tower tops out, marking the next phase of Tampa’s historic district.
Chuck Merlis Published: October 27, 2025 | Updated: December 11, 2025

Gasworx, the 50-acre mixed-use development connecting Ybor City to downtown Tampa, has reached a major milestone.

Moss, a national construction firm with a strong local presence, has topped out a six-story office and retail building that will serve as Grow Financial’s future headquarters. The event marks visible progress in one of the most ambitious urban redevelopment projects in Tampa.

The 145,000-square-foot office building, designed by S9Architecture with Smallwood as architect of record, includes 9,000 square feet of ground-floor retail.

Located in the heart of the Barrio Latino Historic District, it blends modern design with details inspired by Ybor’s cigar-era architecture.

“Our workers have been steadfast in their dedication to reach this stage,” said Toby Manulak, senior vice president of Moss’ Mid-Florida Region. “When complete, this building will be an instrumental piece of the Gasworx vision.”

READ: Downtown St. Pete’s EVO nears capacity with health-focused tenants

Grow Financial will occupy roughly half of the building, bringing hundreds of workers and daily activity to the area. Features include outdoor terraces, a rooftop deck, a conference center and a café and bar that connect directly to the Gasworx marketplace.

“With this office building and neighboring housing portions of the project coming to life, the grand vision for Gasworx is coming into focus,” said Graham Tyrrell, managing director for Florida at Kettler. “We are creating a sought-after district that will reflect both the rich history of Ybor City and the vibrant future of Tampa.”

Street-level rendering of Ybor City’s Gasworx district with pedestrians, palm trees, and outdoor dining areas leading toward the new office tower.
Street-level view of the Gasworx district in Ybor City, where new retail, dining, and office spaces will connect historic architecture with modern urban life.

Building a District with Meaning

Earlier this month, TBBW reported Kettler announced the names of three new residential buildings in the district: The Luisa, Olivette and The Stevedore. Each name pays tribute to the people and industries that shaped Ybor’s identity.

The Luisa honors Luisa Capetillo, Ybor’s only recorded female lector who helped lead intellectual discussions among cigar workers. Olivette recognizes the steamship that once connected Tampa and Havana, symbolizing the immigrant journeys that built the city’s workforce. The Stevedore celebrates the dockworkers who powered Tampa’s early port economy.

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

According to Kettler, the names were chosen through consultation with the Tampa Bay History Center and local community leaders to ensure cultural accuracy.

“Gasworx represents more than a collection of buildings,” Tyrrell said. “These names connect directly to the people, ships, traditions and industries that built Ybor City.”

Construction Underway

Work is now active across all Gasworx sites.
• The Stevedore, built by Juneau Construction, is expected to open in early 2026.
• The Luisa, by CBG, will follow in spring 2027.
• Olivette, constructed by Moss, is scheduled for completion in summer 2027.

Moss is also building the topped-out office tower, which is expected to be completed in 2026.

Together, the projects will deliver more than 900 residences, 55,000 square feet of retail and a network of walkable streets, public parks and transit access.

Business Impact

For developers and investors, Gasworx shows how strong storytelling can shape a place. Its design and identity, rooted in Ybor’s immigrant history, bring lasting value in a competitive real estate market.

For Tampa businesses, it represents a new opportunity to be part of a district that honors history while encouraging growth. Retail tenants, startups and professional firms will benefit from the influx of residents, workers and visitors.

Rendering of the Gasworx office tower in Ybor City showing its modern glass façade, arched windows, and outdoor terrace levels overlooking Tampa.
Rendering of the Gasworx office tower in Ybor City shows its glass façade and terraced design, blending modern architecture with historic context.

READ: Academy of the Holy Names plans $8.2M South Tampa expansion

“It is fitting that so many of the new place names reflect Ybor’s past, carrying its legacy into the future,” said Rodney Kite-Powell, curator at the Tampa Bay History Center.

Rooted Progress

Gasworx is reshaping how Tampa grows by building on its past rather than replacing it. The topping out of the Grow Financial tower and the naming of The Luisa, Olivette and The Stevedore show how vision and heritage can rise together.

As Ybor City enters its next chapter, Gasworx stands as both a construction milestone and a cultural restoration, proof that progress can have roots.

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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.

We report on founders, CEOs and entrepreneurs whose decisions influence jobs, investment, development and long-term growth across the region.
Published daily online and monthly in print, TBBW delivers paywall free coverage with local context and editorial depth.

Our mission is to inform, explain and connect by putting people at the center of business reporting. We believe strong journalism helps business leaders make better decisions and helps communities understand how growth happens, who drives it and why it matters. Learn More

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