Several large retail developments, including the Riverchase Galleria and the Patton Creek shopping center, are located along or adjoining to this route.

A strip center featuring a Wal-Mart Supercenter, Stein Mart, and Academy Sports + Outdoors opened in 2002 approximately 3 miles (4.8 km) west of the Riverchase Galleria.

In Hoover, SR 150 has been designated as John Hawkins Parkway, in honor of the late Alabama state legislator who represented the city and southern Jefferson County.

However, residential, commercial, and institutional growth has led to the city of Hoover widening the highway from US 31 to I-459.

Work began in May 2006 to widen SR 150 to five lanes from I-459 to Ross Bridge Parkway, a distance of approximately 3 miles (4.8 km).