One of Tampa Bays’ “100 Top Places to Work” is getting a new home in St. Petersburg.
American Strategic Insurance (ASI) officially unveils its 110,000-square-foot corporate headquarters Tuesday with a ribbon cutting ceremony at 3 p.m. The new three-story headquarters is located at One ASI Way, a newly named street off Gandy Boulevard and Dr. Martin Luther King Boulevard North.
“Our new headquarters is a symbol of the company’s success and a celebrated milestone,” says John Auer, ASI’s CEO in a statement.
“As we progress in our 16th year of operation,” Auer adds, “I look forward to enjoying the work environment that is focused on employees and fosters our values of attitude, speed and innovation.”
ASI is the 20th-largest homeowner insurer in America with $878 million in written premiums, employing 275 people locally. In the past 18 months, they added nearly 115 people, from underwriters to claims adjusters and support staff.
Four years in a row, the Tampa Bay Times named ASI one of the 100 Top Places to Work in Tampa Bay. For the 2013 ranking, it was second in the midsize company category.
Designed and developed in the Tampa Bay area, ASI is part of a $42 million, 13-acre project in north St. Petersburg. The ASI campus houses an employee gym, recycling area, bicycle storage and a courtyard amphitheater. The property also features a 800-car garage facing Gandy Boulevard, and a central building constructed to withstand a Category 5 hurricane.
Completion of the ASI headquarters marks one of the largest commercial projects so far this year. More than 152,000 square feet of commercial space were under construction in the Tampa/St. Petersburg area by March 2013, according to the industrial real estate experts at the Co-Star Group.
“We’re experiencing a large amount of new growth, not seen since 2005 and 2006,” says St. Petersburg Mayor Bill Foster. “ASI’s new development is an important part of this economic resurgence in St. Petersburg.”