{"id":141180,"date":"2026-02-02T22:13:12","date_gmt":"2026-02-02T22:13:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/141180\/"},"modified":"2026-02-02T22:13:12","modified_gmt":"2026-02-02T22:13:12","slug":"gasworx-developer-joins-gas-plant-redevelopment-bid","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/141180\/","title":{"rendered":"Gasworx developer joins Gas Plant redevelopment bid"},"content":{"rendered":"

ARK Ellison Horus has formed a Master Developer platform for the proposed redevelopment of the Historic Gas Plant District<\/a>. <\/p>\n

The group has added national real estate development firm KETTLER as a partner responsible for long-term delivery of the project<\/a>.<\/p>\n

The platform is intended to support the execution of a redevelopment proposed at $6.8 billion across 95.5 acres, including the Tropicana Field<\/a> site. <\/p>\n

The project is structured for delivery in four phases over approximately 17 years and is under review by the City of St. Petersburg.<\/p>\n

The project<\/p>\n

ARK Ellison Horus submitted its redevelopment proposal to the City of St. Petersburg in October 2025. <\/p>\n

The proposal outlines a mixed-use district anchored by innovation and research-oriented space. <\/p>\n

It also includes housing infrastructure and large-scale programming designed to support conferences, cultural events and year-round community activity.<\/p>\n

READ: TAMPA BAY BUSINESS NEWS<\/a><\/p>\n

More than 1,900 housing units are designated as affordable workforce or senior housing. More than 30% of the site is planned as parks and open space.<\/p>\n

The Historic Gas Plant District<\/a> is one of the largest redevelopment proposals currently under consideration in the Tampa Bay Area. <\/p>\n

The proposal is being closely watched by local business leaders, investors and civic officials.<\/p>\n

The proposal<\/p>\n

The Master Developer platform centralizes responsibility for project phasing coordination and long-term accountability. <\/p>\n

ARK Ellison Horus said the structure is intended to support disciplined delivery throughout the project.<\/p>\n

READ: TAMPA BAY REAL ESTATE NEWS<\/a><\/p>\n

\u201cSt. Pete is our home and the Historic Gas Plant District is far more than a redevelopment,\u201d said Cathie Wood, CEO and CIO of ARK Invest. \u201cIt\u2019s the City\u2019s opportunity to shape what comes next.\u201d<\/p>\n

The site carries historical significance following the displacement of the original Gas Plant community more than 40 years ago. <\/p>\n

City officials are evaluating proposals with that context in mind.<\/p>\n

Why structure matters<\/p>\n

KETTLER brings more than 45 years of experience delivering large-scale mixed-use developments across the United States. <\/p>\n

The firm has developed and managed more than 70,000 multifamily residences along with millions of square feet of commercial and institutional real estate.<\/p>\n

READ: TAMPA RETAIL & HOSPITALITY NEWS<\/a><\/p>\n

Much of KETTLER\u2019s work has taken place within public-private partnerships that require long-term phasing, regulatory coordination and operational oversight.<\/p>\n

\u201cWe\u2019ve been deliberate in assembling partners who can meet the scale, complexity and responsibility of the Historic Gas Plant District,\u201d said Casey Ellison<\/a>, president and CEO of Ellison Development. \u201cKETTLER\u2019s track record strengthens our ability to execute on a project of this magnitude.\u201d<\/p>\n

KETTLER<\/p>\n

KETTLER currently serves as the master developer for\u00a0Gasworx<\/a>\u00a0in Ybor City,\u00a0one of the largest mixed-use redevelopment efforts underway in the Tampa Bay region.<\/p>\n

The firm\u2019s leadership team includes James Nozar<\/a>, president of development, who previously held a senior leadership role on the Water Street Tampa<\/a> project. <\/p>\n

READ: ST. PETERSBURG BUSINESS NEWS<\/a><\/p>\n

That experience includes managing long-term urban development efforts involving multiple stakeholders and extended delivery timelines.<\/p>\n

\u201cWhen you combine vision with the ability to execute at scale and proven track records, you create the conditions for a truly world-class development,\u201d said Bob Kettler, founder and CEO of KETTLER.<\/p>\n

\"AerialConstruction progresses at Gasworx in Ybor City, a major mixed-use development reshaping Tampa\u2019s urban core.<\/p>\n

Local experience<\/p>\n

The Master Developer platform also includes a broader group of firms and community-centered organizations supporting the proposal. <\/p>\n

Partners named by ARK Ellison Horus<\/a> include AECOM, Hunt, Fengate Asset Management and TVS. <\/p>\n

Additional partners include Moss Kimley-Horn, the Pinellas County Housing Authority, the St. Petersburg Housing Authority and Evara Health.<\/p>\n

Jonathan Graham, president of Horus Construction, said the proposal is designed to emphasize long-term outcomes.<\/p>\n

\u201cIt is designed to create jobs, integrate the surrounding community and build pathways to long-term economic opportunity for residents,\u201d Graham said.<\/p>\n

Partners<\/p>\n

Independent analysis cited in the proposal projects more than $1.2 billion in annual economic impact and nearly $28 billion over 30 years. <\/p>\n

The analysis also projects the creation of nearly 20,000 jobs.<\/p>\n

ARK Ellison Horus said the Master Developer platform is intended to support disciplined delivery and long-term accountability as the City of St. Petersburg continues its evaluation process.<\/p>\n

Economic impact<\/p>\n

Independent analysis cited in the proposal projects more than $1.2 billion in annual economic impact and nearly $28 billion over 30 years. <\/p>\n

The analysis also projects the creation of nearly 20,000 jobs.<\/p>\n

Next steps<\/p>\n

ARK Ellison Horus said the Master Developer platform is intended to support disciplined delivery and long-term accountability as the City of St. Petersburg continues its evaluation process.<\/p>\n

Stay Informed<\/p>\n","protected":false},"excerpt":{"rendered":"ARK Ellison Horus has formed a Master Developer platform for the proposed redevelopment of the Historic Gas Plant…\n","protected":false},"author":2,"featured_media":141181,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[1571,5752,1127,2152,17222,7143,25136,31740,3741,12586,480,202,204,203,199,201,200,1526,1703,52537,17357,11863,40626,10364],"class_list":["post-141180","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-affordable-housing","tag-commercial-real-estate","tag-construction","tag-development","tag-downtown-st-petersburg","tag-economic-development","tag-ellison-development","tag-gas-plant-district","tag-infrastructure","tag-kettler","tag-real-estate","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news","tag-tampa-bay","tag-tampa-bay-business","tag-tampa-bay-business-news-and-top-stories","tag-tampa-bay-development","tag-tampa-real-estate","tag-workforce-development","tag-ybor-city"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/141180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=141180"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/141180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/141181"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=141180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=141180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=141180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}