Gasworx Ybor City’s Project tops out Moss | 6 Floors

Garret Tampa Bay • November 17, 2025

Tampa's Ybor City district has long been a tapestry of immigrant stories, cigar smoke, and resilient architecture. Now, the 50-acre Gasworx redevelopment is weaving in modern threads—office towers, residential havens, and retail corridors—that promise to connect this historic enclave to the bustling Channel District and downtown core. In October 2025, a key beam hoisted high marked not just structural progress, but a symbolic nod to how Ybor's past fuels its future. This milestone, amid a cascade of financial wins and partnerships, underscores Gasworx's role as Tampa's largest urban renewal effort in decades. Let's unpack the details, from steel beams to named legacies, without the fluff—just the facts on how this project is reshaping the Bay area skyline.


A Six-Story Beacon for Grow Financial


Gasworx site signed the final steel beam before it ascended to crown a six-story office and retail building. Constructed by Moss & Associates, the 145,000-square-foot structure now stands as the tallest point in this phase of the development. It's no ordinary topping out; this building will house the new headquarters for Grow Financial Federal Credit Union, which has pre-leased about half the space [roughly 72,500 square feet] bringing hundreds of daily commuters and their coffee runs to Ybor's streets.


Designed by S9 Architecture with Smallwood as the architect of record, the edifice blends sleek contemporary lines with subtle cigar-era flourishes, like textured facades echoing Ybor's brick heritage. Ground-level retail spans 9,000 square feet, feeding into Gasworx's planned dining and shopping spine. Amenities? Think rooftop decks for sunset views over the Hillsborough River, outdoor terraces for impromptu meetings, and a lobby café-bar that spills onto pedestrian paths. Completion is eyed for late 2026 or early 2027, just in time for Grow Financial's big move from its current Riverview digs.


Toby Manulak, senior vice president of Moss' Mid-Florida Region, called it a "proud moment," noting the crew's dedication amid Tampa's humid construction grind. And here's a wry aside: In a city where "topping out" often means topping off a cocktail at a nearby Ybor bar, this one might just inspire a new tradition—beams and brews.



Securing the Bag: The $182 Million Construction Loan


Money talks, but partnerships shout. In tandem with the loan, Gasworx welcomed PPF Group—a Czech-based real estate giant with €2 billion in U.S. and European assets—into the fold in early 2025. Led by developers Darryl Shaw (former Blue Pearl CEO) and Kettler, the collaboration injects not just equity but expertise in scaling mixed-use districts.


PPF's stake diversifies its American portfolio while accelerating Phase 2, which kicked off in April 2025 with groundwork for two mixed-use buildings and a centerpiece warehouse. Graham Tyrrell, Kettler's managing director for Florida, highlighted how this alliance sharpens the project's edge: "It enables us to continue moving forward while driving future growth." Expect this trio to streamline timelines, from permitting hurdles to supply chain snags.


Honoring Roots: The Luisa, Olivette, and Stevedore Take Shape

Gasworx isn't just stacking floors; it's stacking stories. In October 2025, developers unveiled names for three residential buildings that pay homage to Ybor's multicultural mosaic: The Luisa, Olivette, and The Stevedore (note: often stylized as Stevedore). Each moniker draws from the district's labor and migration lore, turning concrete into cultural bookmarks.

  • The Luisa: A five-story, 140-unit nod to Luisa Capetillo, Ybor's trailblazing female lector who read aloud to cigar workers—sparking ideas amid the tobacco haze. Built by CBG Building Company, it opens spring 2027.
  • The Olivette: This 10-story, 376-unit tower honors the steamship that ferried Cuban immigrants from Havana to Tampa's factories. Moss Construction handles the build, with a summer 2027 debut.
  • The Stevedore: Saluting the longshoremen who muscled cargo at Tampa's port, this early 2026 opener by Juneau adds workforce grit to the glamour.

Together, these join over 900 residences in Gasworx's residential cluster, plus 55,000 square feet of retail. It's a clever branding move: Names that educate as they lease. Ybor's history buffs might chuckle—finally, a development that lets the past pay the rent.


Explore Ybor's lector legacy at the Ybor City Museum State Park.


The Bigger Blueprint: Gasworx's Tampa Bay Master Plan Unfolds

Zoom out, and Gasworx emerges as a six-million-square-foot juggernaut, broken into districts like Encore and the Warehouse District. Ground broke in March 2023, with Phase 1 delivering first residents in 2024. The plan? Pedestrian-friendly streets, a three-quarter-acre Gasworx Park, and that TECO Streetcar extension linking Ybor to Water Street and beyond.


For renderings and timelines, the official Gasworx website is your go-to blueprint.


Keep tabs via Tampa Bay Business & Wealth for milestone dispatches, or follow @GasworxTampa on X for beam-signing selfies. As Ybor evolves, Gasworx reminds us: Progress doesn't have to polish away the patina. It just needs a solid loan, a smart partner, and names that whisper, "Remember us?"


This article draws from public announcements and developer statements as of November 2025. For inquiries on concrete coatings to protect Ybor's new builds, visit Tampa Bay Concrete Coatings.

florida worker shortage is not getting any better
By Garret Tampa Bay November 17, 2025
Florida's construction sites are buzzing with the hum of cranes and the thud of hammers, but beneath the surface, a quiet storm brews. The state's relentless building boom—fueled by sun-seekers flocking to its shores—has outpaced the very hands needed to shape it. As of late 2025, the industry faces a shortfall of 439,000 workers, a number that experts predict will climb to 500,000 by 2026. Project delays stretch timelines like overworked rebar, costs balloon amid the scramble for labor, and the ripple effects touch everything from new home prices to infrastructure upgrades. This isn't a temporary snag; it's a structural flaw in the Sunshine State's growth machine. With an aging crew clocking out and younger folks eyeing keyboards over tool belts, Florida's construction sector is left swinging. Here's the breakdown, from root causes to the half-built fixes, all grounded in the latest data as November 2025 winds down. The Aging Workforce: A Generation of Know-How Heading for the Exit The Bureau of Labor Statistics pegs the median age in construction at 41.2, but with baby boomers bowing out, the pipeline's drier than a drought-struck foundation. By 2025, Florida's construction firms report that for every three retirees, only one fresh face steps up. This exodus isn't just numbers; it's lost expertise in everything from hurricane-proof framing to efficient pours. In Southwest Florida, where population swelled 10.2% since 2020 to 1.5 million, leaders at Florida Gulf Coast University are already demoing concrete mixes to civil engineering juniors, hoping to hook the next wave before the old guard fades. Without a bridge from gray hair to green, sites stall—think I-4 Ultimate's $2.3 billion overhaul , where delays could cascade into 2026 overruns. US Kids Aren't Swinging Hammers | Declining Interest in Trades It's the classic pitch: "Go to college, get a degree, climb the corporate ladder." Sound advice? In Central Florida, firms like Hoar Construction lament the shift: Youths dodge trade schools for managerial gigs, citing costs and a lack of appeal. The Home Builders Association of West Florida dangles scholarships for trade programs, yet takers are scarce—Gen Z dubs itself the "toolbelt generation," but enrollment lags demand. Result? Crews split into skeleton shifts, weekend warriors burning out faster than a faulty extension cord. As Tampa Bay's population jumped 7% to add 270,000 residents since 2020, this disinterest turns booming demand into a bottleneck. Ron DeSantis Restrictive Immigration is Shutting the Gate on a Key Crew Florida's construction crews have long leaned on immigrant labor—38% of the state's workers hail from abroad, topping the national 31%. Enter SB 1718, the 2023 law cracking down on undocumented hires, and the math sours. By 2025, it's chased off workers fearing audits, drying up pools for roofers, masons, and painters in the sweltering sun. One Miami laborer stuck it out, but two colleagues bolted post-signing, echoing a statewide exodus that's jacked up costs and stalled sites. Economists at Lightcast warn this compounds Florida's baseline shortage [ 53 workers per 100 jobs pre-law] hitting hospitality and ag too, but construction bleeds hardest. The EB-3 visa offers a lifeline for unskilled roles, but processing lags leave gaps. In 2025, free immigrant training courses from 2024? Gutted by policy shifts. As Port Everglades' $3.1 billion expansion chugs toward 2026, expect bids to spike without this labor slice. For policy wonks, the Florida Policy Institute crunches numbers on immigrant contributions to key sectors. Florida isn't building slow tho it's building too fast. Population growth hit 10.2% in Southwest Florida alone since 2020, demanding housing, hospitals, and highways. Tampa-St. Pete's 7% surge added 270,000 residents by 2025, sparking K-12 expansions and data centers. Yet with 8.2% job growth forecasted through 2026, the state's 587,000 construction roles can't keep up—enter delays on multifamily towers and retail pads. a Priceless when crews have time to trowel right. As the boom barrels on, this crisis underscores a truth: Strong foundations need steady hands. Until the influx, expect higher bids—and wittier excuses at the next site tour. For storm-ready coatings that outlast labor woes, explore Tampa Bay Concrete Coatings' services . Data pulled from 2025 reports; timelines shift with policy winds. Stay grounded—follow ABC Florida for quarterly updates. 
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