Heritage Insurance, a homeowners insurance company started in Tampa Bay, announced Tuesday that it’s moving its headquarters from Clearwater to Westshore City Center in Tampa. The move will nearly double the company’s current office space and represents its desire to continue to add jobs, CEO Bruce Lucas said.
Lucas said he expects the company, which currently has 350 employees, to have around 400 employees by early next year, and close to 700 in five years.
“It’s become clear to us for quite a while that we have space constraints,” Lucas said. “We’re seeing record growth across the company.”
He added that the company’s goal is to finish moving by April, with the firm deadline of June 1, when hurricane season begins.
This announcement comes at a time when economists have speculated that many companies will reduce their office space long-term as a result of the pandemic forcing them to do