New corporate HQ part of growth in north St. Pete

The completion of a multimillion-dollar corporate headquarters in the city’s Gateway area Tuesday is a good sign that the area’s economic recovery is gaining momentum, city officials said.

American Strategic Insurance’s new three-story, 11,000-square-foot headquarters near the intersection of Gandy Boulevard and Dr. Martin Luther King Jr. Street North is the first phase of a $42-million expansion by the St. Petersburg-based insurer.