A Fortune 500 company is planting its corporate flag in Ybor City, filling the remaining available office space inside one of the signature buildings in Tampa\u2019s emerging Gasworx district.<\/p>\n
Ferguson, a major distributor of plumbing, heating, cooling and other construction products, has agreed to lease about 50,570 square feet in a six-story office and retail building now under construction, developer Kettler announced Thursday.<\/p>\n
The Virginia-based company expects to begin moving into the office in April 2027. Ferguson says the location will initially accommodate executive leadership and several business functions, as well as employee training, development and onboarding programs. The company did not disclose how many workers will be based there or the terms of its lease.<\/p>\n
Ferguson\u2019s commitment, combined with a previously announced lease by Tampa-based Grow Financial Federal Credit Union, brings the building\u2019s office space to full occupancy before construction is finished, according to Kettler. The two companies are expected to bring hundreds of employees into Ybor City each workday.<\/p>\n
The roughly 110,000-square-foot building, at 1301 E. Fourth St., is scheduled to be completed in December. Designed by S9 Architecture and Smallwood and constructed by Moss, it will include a rooftop deck, outdoor terraces and a lobby cafe and bar. It will also connect directly to Gasworx\u2019s planned retail and dining marketplace.<\/p>\n
\u201cWe chose Tampa for its strong accessibility and connectivity to our locations across all 50 states and every province of Canada,\u201d Ferguson CEO Kevin Murphy says in the release.\u00a0<\/p>\n
Murphy says the district\u2019s mix of uses fits the company\u2019s plans for a corporate location that can double as a training and development center.<\/p>\n
\u201cAs we continue investing in our people and culture, the opportunity to establish a corporate location that can also serve as a training and development hub in the heart of historic Ybor City made this an ideal fit,\u201d he says.<\/p>\n
Ferguson serves residential and commercial construction markets with products and services ranging from plumbing, HVAC systems and appliances to lighting, waterworks and industrial equipment. The company reported $31.3 billion in sales in 2025 and employs approximately 35,000 people at more than 1,700 North American locations. It joined the S&P 500 index this month.<\/p>\n
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Its arrival represents a prominent corporate win for Gasworx, a sweeping redevelopment project intended to connect Ybor City with downtown Tampa and the Channel District.<\/p>\n
Plans for the 50-acre project include thousands of homes, offices, shops, restaurants, public gathering areas and pedestrian-friendly streets, as well as a new TECO Line Streetcar stop.<\/p>\n
Gasworx is a joint venture involving Kettler, Tampa developer Darryl Shaw and PPF Real Estate.<\/p>\n
\u201cFerguson\u2019s decision reinforces what we\u2019re seeing across the market: Leading companies are choosing places that help them attract talent, strengthen culture and create a better experience for their employees,\u201d James Nozar, Kettler’s president of development, says in the release.<\/p>\n
Nozar says the goal is to create more than a collection of buildings, offering workers a neighborhood where they can walk to restaurants, meet with colleagues and engage with the surrounding Ybor community.<\/p>\n
The lease also strengthens Gasworx at a time when office developers nationally have faced uncertainty stemming from remote and hybrid work. Newer buildings with extensive amenities aim to attract employers looking to draw workers back to the office \u2014 a trend developers often call a \u201cflight to quality.\u201d<\/p>\n
\u201cToday\u2019s office users expect far more than four walls and a desk,\u201d says David Bevirt, Kettler’s managing director of corporate leasing, in the release.<\/p>\n
For Gasworx, Ferguson\u2019s arrival means the project will have a large national company in place as its first major office building opens and additional residential, retail and public-space development moves forward. The building is scheduled to be completed by the end of this year.\u00a0<\/p>\n
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