KETTLER and Biltmore Farms broke ground on Belcrest at Biltmore Park, a new 357-home luxury residential community that will bring thoughtfully designed apartment living to one of Asheville’s most established and sought-after neighborhoods.

Located off Schenk Parkway in South Asheville, Belcrest at Biltmore Park will introduce five residential buildings and a signature standalone clubhouse, further enhancing the neighborhood’s walkable, amenity-rich environment and close connection to Biltmore Town Square.

Belcrest at Biltmore Park, located at 311 Redbud Fields Way, will feature a mix of one-, two- and three-bedroom residences with den options, with an average unit size of approximately 1,042 square feet. “This marks an exciting milestone in our partnership with Biltmore Farms and reflects KETTLER’s continued commitment to delivering best-in-class communities across the Southeast,” said Bob Kettler, founder and CEO of KETTLER. “Belcrest at Biltmore Park brings together the strength of an iconic local name, a premier location and the thoughtful design and quality residents expect from a community of this caliber.”

Designed to stand out in the Asheville market, Belcrest at Biltmore Park will offer more than 17,000 square feet of interior amenities anchored by a multi-level clubhouse that includes a resort-style pool, resident lounge with billiards, library with fireplace, fitness center and studio, café area with an outdoor deck overlooking the pool, private co-working office spaces, pet spa, bike room and kayak storage.

“Belcrest represents the next chapter in the continued evolution of Biltmore Park and a forward-looking addition to South Asheville,” said Jack Cecil, president of Biltmore Farms. “It’s within walking distance to Town Square and therefore offers a natural connection to existing retail, office and restaurants. We look forward to seeing this new community take shape and welcoming it to the Biltmore Park neighborhood.”

Additional Belcrest at Biltmore Park features include: Private garages EV Charging Stations Landscaped promenade with fire pits Dog park Sports court Playground

On top of it all, Belcrest at Biltmore Park will feature a 2,300-square-foot rooftop lounge and terrace with breathtaking views of the Blue Ridge Mountains.

Construction is expected to take approximately two years, with completion expected in late 2028.

Harkins Builders will serve as general contractor for the project.

KETTLER today announced that Tim Johnson has joined the firm as chief investment officer, a strategic addition to the company’s leadership team as it continues to expand its development, investment and property management platform across high-growth markets.
Johnson brings more than 25 years of experience across real estate investment, development and finance. He most recently served as managing partner at Avid Ventures, where he provided strategic leadership and led real estate investment and development across key Florida markets.

“Tim’s experience across some of the most dynamic growth markets in the country, particularly in Florida and the Southeast, aligns directly with where we are headed as a company,” said Cindy Fisher, president of KETTLER. “He brings a thoughtful, disciplined approach to investing and a deep understanding of how to scale strategically. As we continue to expand our footprint, Tim will play a key role in identifying opportunities, strengthening partnerships and ensuring we are well positioned for long-term success.” Previously, Johnson served as chief financial officer at Strategic Property Partners in Tampa, where he helped guide the financial strategy of a $3 billion mixed-use development platform and contributed to the vision and execution of Water Street Tampa. His background also includes senior leadership roles with Kitson & Partners and Colonial Properties Trust, where he played instrumental roles in finance, capital markets, acquisitions and large-scale development initiatives.
He also served as vice president for the Southeast at Milhaus Development, focusing on market-rate multifamily opportunities and leading new business development, site selection and deal structuring across the region.

This breadth of experience provides a strong foundation for KETTLER’s continued expansion strategy. “KETTLER has a proven track record of disciplined growth and a clear vision for the future,” Johnson said. “As a family-owned company, that long-term perspective is embedded in how it invests and operates. I look forward to working with our team and partners to execute on that strategy and continue building a strong, resilient portfolio.”
Johnson earned a Bachelor of Science in Finance, summa cum laude, from the University of Florida’s Warrington College of Business. He is active in several industry organizations, including the UF Bergstrom Real Estate Center Advisory Board, Urban Land Institute and International Council of Shopping Centers.

KETTLER today announced the topping-out of Olivette, the tallest and largest residential building in the current phase of construction at Gasworx. The milestone marks another major step forward in the transformation of Tampa’s historic Ybor City.

Moss Construction, serving as general contractor for Olivette, is playing a central role in delivering the 10-story, 376-home residential building, now a highly visible sign of continued progress across the 50-acre Gasworx development. Reaching this milestone just one year after vertical construction began on the site reflects the steady momentum taking shape across the district as multiple components of the project continue to rise simultaneously.

“Reaching the top of Olivette is a significant milestone for the Gasworx community,” said James Nozar, president of development at KETTLER. “Our partnership with Moss has been essential in maintaining the quality and coordination required to deliver a project of this scale and complexity. Together, we are introducing new homes, offices, retail space, supporting walkability and helping create a vibrant mixed-use environment that builds on Ybor City’s rich history.”

Located adjacent to the future 28,000-square-foot marketplace, Olivette will feature two expansive seventh-floor amenity courtyards designed to provide elevated gathering spaces for residents, along with more than 29,000 square feet of ground-floor retail that will contribute to the district’s walkable, street-level energy. The building will also include a structured garage with 481 parking spaces.

“Reaching the highest point of Olivette reflects the dedication and collaboration of hundreds of skilled professionals working toward a shared vision for Gasworx,” said Toby Manulak, senior vice president of Moss’ Mid-Florida Region, based in Tampa. “Delivering multiple buildings simultaneously requires careful planning, strong coordination and a deep commitment to safety and craftsmanship as we help shape the future of Ybor City.”

In addition to Olivette, Moss serves as the general contractor for the future marketplace and trophy office building within Gasworx.

Olivette’s name draws inspiration from a steamship in Henry Plant’s fleet that once connected Tampa to Havana. The vessel carried thousands of Cuban immigrants who helped establish Ybor City’s thriving cigar industry, shaping the cultural and economic foundation that continues to influence the neighborhood today.

Olivette was designed by S9 Architecture, in partnership with architect of record Smallwood, with interior design led by S9 and Bandura. Construction of Olivette is expected to be completed in 2027. Momentum Across Gasworx Olivette’s topping-out follows a series of significant construction milestones across the Gasworx district:

• The Stevedore: A 390-home residential community located near Olivette welcomed its first residents on April 1. • The Luisa: A 140-home residential building reached its highest point in March and remains on track for a spring 2027 completion. • Trophy Office: Work on the six-story Class A office building has shifted to interior buildout. The office will be anchored by Grow Financial and is scheduled for completion later this year. • Future Marketplace: Work continues to repurpose a historic warehouse into a destination marketplace. Gasworx plans to unveil its official name this summer. • Gasworx Park: A new city park will offer open lawn, tree-lined promenades, picnic areas and a cooling water feature. • 3rd Avenue Paseo: A newly constructed street between Olivette and the marketplace will feature outdoor dining on both sides and will close to vehicle traffic during peak pedestrian periods, linking the marketplace and Olivette.

Read More & Watch the Video here: https://www.bizjournals.com/tampabay/news/2026/04/17/gasworx-olivette-apartments.html?csrc=6398&utm_campaign=trueAnthemTrendingContent&utm_medium=social&utm_source=linkedin

TAMPA, Fla. (April 7, 2026) – KETTLER, a nationally recognized real estate investor, developer and property management company, today announced plans to deliver a 4,300-capacity music venue within the Gasworx district. The venue will be operated by Live Nation and is designed to complement Tampa’s growing live music ecosystem while honoring the unique culture, energy and historic character of Ybor City.

The planned mid-size venue is slated to open in late 2028 and will provide an intimate setting capable of hosting a wide range of artists and performances, filling a gap in Tampa’s live entertainment landscape. The venue will attract touring artists and strengthen the broader music scene across the Tampa Bay region. Located on N. 15th Street near the future marketplace, the site is steps from the 7th Avenue entertainment corridor, the Centro Ybor parking garage and a future TECO Streetcar stop along Channelside Drive.

“Ybor City has a distinct character and a long tradition of nightlife and live music,” said James Nozar, President of Development at KETTLER. “Our goal is to create a venue that carries that legacy forward by adding a new destination for residents, visitors, and artists. It will bring a distinct atmosphere to the neighborhood and give people another reason to experience Ybor and stay longer.”

“We’re proud to partner with KETTLER to bring this venue to life,” said Brittany Flores, Live Nation’s Florida Market President. “This project is a meaningful investment in Tampa and in the future of its music scene, growing the market and giving fans more of the shows they want close to home. We’re building something that reflects the energy and history of Ybor City and helps grow Tampa as a destination for live music.”

The venue will combine modern venue design with a vintage-style marquee lit up with exposed lightbulbs, a brick facade, and second-level balcony inspired by Ybor City’s distinctive architecture. The interior draws inspiration from historic theaters, incorporating a stage proscenium and rich, green tones to evoke a sense of nostalgia. Created in collaboration with Blueprint Studio, Live Nation’s in-house design and development group, and TVS Architecture and Interior Design, the venue is designed around both the fan and artist experience, with great sightlines, state-of-the-art lights and sound, and thoughtfully designed backstage spaces.

As a long-term investment in the community, the venue is designed to strengthen the local economy and support continued growth. The venue is projected to generate $80 million in annual economic impact, while drawing visitors who will support nearby restaurants, hotels, and local businesses. It will also support approximately 440 jobs and is expected to contribute roughly $6 million each year in state and local tax revenue. The venue will also be available for private and corporate events.

“This investment reflects the strong momentum and confidence behind Tampa Bay’s economy,” said Craig J. Richard, President & CEO of the Tampa Bay Economic Development Council. “A vibrant entertainment venue in Ybor City brings jobs, foot traffic, and new energy to the district, enhancing quality of life and helping Tampa attract and retain the talented workforce that fuels our long-term growth.”

Upon completion, Gasworx will deliver approximately 5,000 new residences, over 500,000 square feet of new trophy office space and 120,000 square feet of ground floor retail including a 28,000-square-foot marketplace opening in 2027 that will feature restaurants, market-style offerings and unique retail, along with a new one-acre park park as a central gathering space for residents and visitors. Gasworx is a joint venture between KETTLER, local developer Darryl Shaw, and international property company PPF Real Estate For more information on Gasworx and leasing, visit gasworx.com.

About KETTLER KETTLER is a vertically integrated, mixed use and multifamily focused investment firm, an award-winning real estate and land developer, and a property management company. The firm has over 49 years of providing superior capabilities across the development lifecycle; zoning/entitlement, predevelopment, leasing, and operations. Founded in 1977, the company has developed over 25,000 multifamily units, 8 million square feet of commercial space, more than 78,000 homes in 25 master-planned communities, and many of the D.C. region's premier mixed-use communities. Kettler is a top U.S. multifamily investor recognized for placemaking, complex mixed-use projects, workforce housing, the quality of our assets, a connection to our communities and delivering on behalf of our partners. Headquartered in McLean, Va., the company manages approximately 30,000 apartments in the Northeast, Mid-Atlantic, Southeast and Southwest regions. For more information, please visit www.KETTLER.com.

About Live Nation Entertainment Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts and Live Nation Media & Sponsorship. For additional information, visit livenationentertainment.com.

KETTLER is proud to announce that we have been recognized by NAIOP as Best Developer of the Year at their 2025 Best of the Best Awards for our development efforts in the Tampa Bay Region.

“This award is a testament to the incredible work our team has done so far in redeveloping the Gasworx district, and we look forward to continuing efforts that will add value to the lives of many in Tampa,” said Cindy Fisher, President.

In 2025, we made significant progress on the Gasworx redevelopment project in Ybor City. With a vision to create stronger connectivity between historic Ybor City and downtown Tampa, KETTLER, in partnership with local developer Darryl Shaw, celebrated the topping out of The Stevedore, a 390-unit apartment community, as well as the district’s 100,000 square-foot Class A office tower.

We also strengthened the project’s financial foundation by entering into a strategic partnership with PPF Group, which provided a $182 million loan to support the continued development of Gasworx.

“We have been intentional about our growth in the Tampa Bay region,” said James Nozar, President of Development at KETTLER. “Over the last 10 years, Tampa has seen unprecedented growth, and our increased development activity in the region reflects that momentum.”

Our work in the region was also recognized in 2025 by the Ybor City Chamber of Commerce, which honored KETTLER with the Business Impact Award at its 59th Awards Gala for the Gasworx project.

This momentum has continued to build in 2026. Earlier this year, KETTLER partnered with ARK Ellison Horus to establish a master developer platform focused on redeveloping the historic Gas Plant District in St. Petersburg. In the months ahead, Gasworx will mark the grand opening of The Stevedore and the office tower, while construction progresses on additional multifamily communities, including The Olivette and The Luisa. The district marketplace will also soon be named, with leasing announcements expected to follow.

KETTLER, a nationally recognized real estate investor, developer and property management company, announced today that Damian Presiga has joined the firm as Senior Vice President of Development. In this role, he will help lead the next phase of Gasworx, one of the nation’s most ambitious urban redevelopment projects, working closely with James Nozar, KETTLER’s recently appointed President of Development.

Presiga brings more than 20 years of design-driven development experience, with a background delivering large-scale, mixed-used projects. His hire reflects KETTLER’s broader strategic shift as the company continues building a high-caliber platform and team to support nationwide projects.

“KETTLER is in the midst of a transformational period as we grow our development division and take on long-term projects that will help shape and improve communities,” said Cindy Fisher, president of KETTLER. “Damian’s leadership and ties to the community make him an exceptional fit for the team. His skillset will strengthen our strategy in Florida, and his on-the-ground presence at Gasworx will be invaluable to the success of the district.”

Presiga joins KETTLER from Strategic Property Partners (SPP), where he led the construction team and hotel developments for Water Street Tampa, while also co-leading SPP’s broader development team. A graduate of the University of North Florida with a degree in building construction management, Presiga has built a reputation for delivering complex mixed-use projects. He remains an active member of the community through the Hispanic Chamber of Commerce of Tampa Bay.

The opportunity to help lead the development of Gasworx, a 50-acre mixed-use district bridging Ybor City and downtown Tampa, drew Presiga to the role. The project includes new homes, retail, office, hospitality and public spaces, all designed to celebrate Ybor’s cultural legacy while creating a next-generation urban neighborhood.

“I’ve been fortunate to work on projects that have reshaped Tampa, and Gasworx has the bones of something truly special,” said Presiga. “You don’t reinvent places like Ybor, you build on the character that’s already there. It’s exciting to join a company that believes in Tampa’s future and is investing in it in a meaningful way.”

Presiga’s arrival comes as Graham Tyrrell, who has been instrumental in guiding Gasworx from concept into vertical construction, prepares to retire at the end of the year. Tyrrell will continue supporting KETTLER in a consulting role.

“Graham’s leadership and deep understanding of the Tampa market have put Gasworx on the right path, and we’re fortunate he’ll remain engaged as a trusted advisor,” said James Nozar, president of development. “Damian is stepping into a strong foundation thanks to Graham’s work, and his experience delivering complex urban projects makes him a tremendous addition to our team. Together, they’ve positioned us for continued success.”

As Nozar guides development strategy across KETTLER’s full portfolio, Presiga will take a hands-on leadership role at Gasworx and help shape the continued growth of projects across Florida.

Gasworx Ybor City and KETTLER recognized with the Ybor City Business Impact Award at the Ybor City Chamber of Commerce’s 59th Annual Gala

https://www.tampabay.com/news/real-estate/2025/09/08/former-water-street-ceo-will-now-head-up-tampas-gasworx/

By: Keely McCormick

HILLSBOROUGH COUNTY, Fla. — Developers broke ground on the Gasworx project a little over two years ago, and ABC Action News went beyond the fences to get an inside look at the progress being made.

Construction is underway on an ambitious project to revitalize Ybor City and reconnect parts of downtown Tampa.

WATCH Keely McCormick get an inside look at the Gasworx project: https://www.abcactionnews.com/news/region-hillsborough/gasworx-development-one-step-closer-to-completion

The development, which spans 6 million square feet, is being built between Ybor City and the Channel District. It's a joint venture between Kettler and Darryl Shaw.

We spoke to Graham Tyrell with Kettler. He explained that the phase they are in now will be completed in about two years.

They already have one apartment complex finished and open to residents. They also recently topped out on a mixed-use building that will feature nearly 400 residential units, retail and parking.

“All in all, this is kind of the heart of the Gasworx community,” Tyrell said.

He explained that this current phase will bring 1,250 residential units, 100k square feet of office space and 105k square feet of retail.

This is a welcomed change for many businesses in Ybor City.

"This is exactly what we need," Felicia Seijas with Ybor City Tap House said.

She owns Ybor City Tap House and has seen the neighborhood undergo many changes over the past decade. Seijas is hopeful that Gasworx will bring fresh energy and new customers.

“I think it’s connecting several districts together, and it’s going to bring more and more people, which is good for all the local small business owners in the area," Seijas said.

Down the street at Ybor City Coffee and Tea, owner Jennifer Clark agrees. She admitted that change is hard, and she hopes Ybor City will maintain its unique culture despite its growth.

“I think there is enough culture here and enough history here and people here that want to preserve what we have. I believe that we will prevail,” Clark said.

Tyrell said they are committed to building on to the culture and tradition that exists in Ybor City.

By Andy Peters, Brian Lasky CoStar News

Hawkins Press apartments help transform Charlotte's Industrial South End

Developers and city planners in Charlotte, North Carolina, credit the Lynx Blue Line, a 19-mile light rail line, and investments near the public transit system with the revitalization of the South End neighborhood.

One of those investments, the Hawkins Press apartment complex, was selected as the 2025 CoStar Impact Award for multifamily development of the year for Charlotte, as judged by an independent panel of local industry professionals.

Prior to the Lynx Blue Line's opening in 2007, Charlotte's South End was known as primarily an industrial district with factories along the railroad line.

The light rail line, however, helped stimulate a wave of commercial development, including apartments, retail and offices. Hawkins Press occupies a former industrial printing facility and is designed to pay homage to the South End's industrial heritage.

About the project: The 426-unit Hawkins Press is within walking distance of two stations on the Lynx Blue Line and features two outdoor courtyards with a pool, roof terrace, double-height lobby, fitness center and dog park. Kettler and Akridge were the developers.

What the judges said: "The industrial design that ties in with the history of the area really makes this project special," said Dillard Williams, senior director of leasing at Spectrum Cos.

UPDATED They made it happen: Luke Davis, Pam Tyrrell and Monica Mathewson of Kettler Development, Alex Bayyat, property manager at Kettler Management. Dan Outen, Duncan Jones and Dan Coith at Akridge.

CoStar's Impact Awards highlight the commercial real estate transactions and projects that have transformed their markets over the past year. The winners are chosen by independent panels of industry professionals who work in the markets they judge.

https://www.costar.com/article/1140711464/hawkins-press-apartments-help-transform-charlottes-industrial-south-end

McLEAN, VA (February 11, 2025) — KETTLER, a leading real estate investor and developer, announced today the hiring of Christina Chang, CFA, as Head of Asset Management. In this role, Chang will oversee KETTLER’s multifamily investments, leading business plan development and execution while driving value creation, optimizing returns, and mitigating risks. She will also be responsible for project renovations, recapitalizations, and dispositions. “Christina’s depth of experience and strategic approach to asset management align perfectly with KETTLER’s vision for growth,” said Luke Davis, Chief Investment Officer at KETTLER. “Her expertise in optimizing multifamily investments and executing value-driven strategies, across all vintages, will be instrumental as we continue to expand and enhance our portfolio.” Chang brings extensive experience in asset management and real estate investment, having previously served as Head of Residential Asset Management and ESG+R Initiatives at ASB Real Estate Investments. Prior to that, she was Vice President of Residential and Retail Asset Management at JBG Smith. Over her career, she has been responsible for more than $3.5 billion in multifamily, retail, and mixed-use assets. Chang expressed enthusiasm about joining KETTLER, recognizing the company’s legacy of excellence in real estate development and property management. “KETTLER has a rich and storied history of delivering developments and managing projects that stand the test of time,” said Christina Chang. “I am honored to join this exceptional team where I will help lead the company’s growth and contribute to creating lasting value for our residents, partners, and communities.”

In addition, Chang has been selected to serve as a core member of KETTLER’s Investment Committee. Chang holds an MBA from The Wharton School at the University of Pennsylvania and a BA in Economics from Harvard College, both with distinction. She is a CFA Charterholder, a LEED AP O&M, and an active member of the ULI Multifamily Product Council.

For more information about KETTLER and its leadership team, visit www.kettler.com.

Caption: Christina Chang, CFA Image Courtesy: KETTLER

About KETTLER KETTLER is a vertically integrated, mixed use and multifamily focused investment firm, an award-winning real estate and land developer, and a property management company. The firm has over 47 years of providing superior capabilities across the development lifecycle; zoning/entitlement, predevelopment, leasing, and operations. Founded in 1977, the company has developed over 25,000 multifamily units, 8 million square feet of commercial space, more than 78,000 homes in 25 master-planned communities, and many of the D.C. region's premier mixed-use communities. Kettler is a top U.S. multifamily investor recognized for placemaking, complex mixed-use projects, workforce housing, the quality of our assets, a connection to our communities and delivering on behalf of our partners. Headquartered in McLean, Va., the company manages approximately 20,000 apartments in the Northeast, Mid-Atlantic, and Southeast regions. For more information, please visit www.KETTLER.com.