In a groundbreaking ceremony yesterday, the transformation of Ybor City took its first step as construction commenced on Canvas GWX, a community of townhomes with an “industrial chic” aesthetic. This residential project, located at 1218 East Kay Street – just outside the 50-acre GasWorx district, is poised to kickstart a wave of redevelopment in the heart of Tampa.
Tampa’s visionary Mayor, Jane Castor, joined in the groundbreaking festivities, underscoring the pivotal role of GasWorx in revitalizing Ybor City. This groundbreaking event arrived only six months after construction commenced in the GasWorx district.
Canvas GWX is set to redefine urban living with its townhouse units, spanning 2,100 to 2,400 square feet. These modern abodes boast rooftop terraces and community green spaces, all wrapped in an industrial, architectural style reminiscent of Ybor City’s converted warehouses, artist studios, lofts, and maker spaces. Additionally, a historic commercial building on Nebraska Ave. is undergoing restoration, promising exciting commercial prospects.
Sight Development is spearheading this transformation, with Ellison Construction as the contractor. Shepard Capital Partners, in collaboration with Sight Development and financing from Bank OZK, are powering this endeavor. The project, designed by Curts Gaines Hall Jones Architects, will roll out in two phases, offering 79 units, with prices starting at $735,000. 18 units are already under contract.
Canvas GWX stands adjacent to the GasWorx district, a massive mixed-use development led by KETTLER and Darryl Shaw. With Canvas GWX breaking ground, Ybor City’s skyline is set for a remarkable transformation, beginning an exciting new chapter for Tampa’s historic heart.
About Sight Development: Sight Development is a visionary leader in creative development strategies, drawing inspiration from local history, culture, artists, and landscapes. Their mission is clear: to create exceptional value for residents, investors, and the community. Sight Development’s approach involves infusing each project with the unique essence of its neighborhood, resulting in an exclusive lifestyle that seamlessly blends art, science, and real estate.
About Ellison Construction: Founded in 2007 as EWI Construction, Ellison Construction stands as Florida’s foremost commercial construction company. Ellison Construction is a recognized industry leader renowned for delivering high-quality construction, innovative adaptive reuse projects, and transformative placemaking initiatives throughout Tampa Bay. Their core values revolve around providing unmatched customer service, an in-depth understanding of the Tampa Bay market, and an unwavering commitment to exceptional design. Ellison Construction’s recent accolade as AIA Florida’s Contractor of the Year is a testament to its dedication to excellence.