Gasworx tops out largest residential building

KETTLER has topped out Olivette, a 10-story, 376-unit residential building at the Gasworx development in Ybor City.

The milestone, announced April 17, comes about a year after vertical construction began and marks the tallest residential building in the current phase. Moss Construction is the general contractor.

Olivette is part of the multi-phase Gasworx development, a joint venture between KETTLER, developer Darryl Shaw and PPF Real Estate.

The building will include 376 apartments, more than 29,000 square feet of ground-floor retail and a structured garage with 481 parking spaces. Two amenity courtyards are planned on the seventh floor. The site sits next to a planned 28,000-square-foot marketplace in a historic warehouse, with an expected opening in 2027.

Construction of Olivette is expected to be completed in 2027.

The topping-out comes as residential density inside Gasworx begins to take shape. The Stevedore, a 390-unit apartment community, began leasing and welcomed its first residents on April 1. Another residential building, The Luisa, reached its structural peak in March and is also targeting completion in 2027.

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Together with La Unión Residences and Social Hall, a 317-unit building delivered in 2024, the projects are establishing a residential base within what has historically been an industrial corridor at the edge of Ybor City.

Office development is advancing alongside the residential buildout. A six-story office building anchored by Grow Financial is moving through interior buildout and is expected to deliver later this year.

Plans also call for a 4,300-capacity Live Nation venue, expected to open in 2028, adding a mid-size concert format to the market and extending activity beyond daytime office and residential use.

At full buildout, Gasworx is expected to include about 5,000 residential units, more than 500,000 square feet of office space and roughly 120,000 square feet of retail.

Olivette was designed by S9 Architecture, with Smallwood as architect of record and interiors by S9 and Bandura. The building’s name references a steamship in Henry Plant’s fleet that once connected Tampa to Havana, reflecting Ybor City’s ties to Cuban immigration and the cigar industry.

The pace of construction reflects a shift from early development into active delivery, as residential, office and retail components begin to come online across the district.