European firm buys interest in massive Gasworx project in Tampa

The developers behind the 50-acre Gasworx project in Tampa have obtained $182 million in construction financing and sold a stake in the project to a Czech company with global real estate holdings.

Local developers Darryl Shaw and Kettler announced the moves Monday in a statement saying that “these milestones enable us to continue moving forward…while driving future growth.”

While the $182 million loan will go toward developing three parcels in the project, bringing in a new partner may in the long run have a bigger impact.