ServisFirst begins work on Homewood headquarters

Initial ground clearing work has begun at the future headquarters of ServisFirst Bank, located on Woodcrest Drive near the intersection of U.S. 280 and Highway 31. Executive Vice President Paul Schabacker said the 100,000-square-foot building is expected to open in late 2017 or early 2018.

Jim Wyatt, the head of Homewood’s engineering, planning and zoning department, said ServisFirst has not yet submitted a full set of plans in order to receive a building permit. Schabacker said the design phase is about 50 percent complete. Giattina Aycock Architecture Studio is developing the plans for the building, which a recent press release said will be four stories tall.

ServisFirst initially proposed relocating its headquarters to Homewood in April 2015.

A formal construction timeline has not been completed, but Schabacker said he expects to see vertical construction begin in late spring or early summer. B.L. Harbert International is the general contractor. The site will include a parking deck with about 300 parking spaces, with opportunities to add more levels to the deck in the future.

About 190 employees will move into the new ServisFirst headquarters when it is complete, and over 10 to 15 years could expand to over 400 employees.

Woodcrest Drive will be restriped to add a turn lane for people entering and exiting the ServisFirst property, but Schabacker said there should not be other impacts to the road during or after construction.

Founded in 2005, ServisFirst Bank has offices throughout the Southeast.