As Appeared in the Birmingham Business Journal by Illyshia Parker
Local insurance brokerage Steel City Insurance is developing commercial space in the historic Bluff Park neighborhood in Hoover.The 5,400-square-foot office building also includes retail space and is currently under construction to accommodate the company's growing office needs.
"We were outgrowing our current space, and there was nothing in the Bluff Park area that was newer development," said Sam Compton, owner of Steel City Insurance. "Since I have always wanted to own my commercial space, I decided it would be a great opportunity."
Compton has 20 years of experience in the insurance industry and became licensed in 2010. Steel City Insurance, which sells all lines of personal and commercial insurance, opened in Hoover five years ago.Compton said he specifically chose Hoover based on his family’s positive experiences in the city since 2006. Steel City Insurance is currently at 801 Shades Crest Road in a suite next to Mr. P’s Deli in Bluff Park.Steel City Insurance will occupy 3,000 square feet of office space in the new building. There is an additional 2,400 square feet of space for lease that can be split into two 1,200-square-foot bays and can serve for retail, office or medical use. The new development includes 40 parking spaces.The new construction is being completed by Murray Construction with design by Barrett Architecture Studio. The current schedule for completion is in July 2024. Watts Realty Co. Inc. will manage and lease the available retail space.