News Room

With decades of development experience and a lengthy roster of completed projects, Capital Growth Buchalter has a lengthy and diverse history. And while a lot has changed in sixty years, one thing has stayed the same: a tenacious focus on growing our competencies, industry knowledge, and client relationships.

If you are a member of the press or have a question about Capital Growth Buchalter, our team will be happy to help. Contact Susan Crain or call 678.283.1975.

Homewood medical property sells for $5.6M

A medical office building at the intersection of Columbiana Road and Lakeshore Drive traded hands in a big deal. Greenway MOB LLC acquired 1280 Columbiana Road for $5.65 million, or about $265.47 per square foot. CIT Bank N.A. in New York City provided $4.65 million in financing for the deal that closed yesterday.

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Former Cahaba Heights Rite Aid property to house restaurant, retail space

A former Rite Aid location at a busy intersection in Vestavia Hills is being redeveloped for retail space to join Milo’s Hamburgers, which is already committed to open a location on part of the property. Capital Growth Buchalter Inc. is redeveloping the former Rite Aid in Cahaba Heights at the corner of Crosshaven Drive and Green Valley Road for more retail space.

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Second location of Whataburger planned

One will be at Skyland Boulevard, the other off McFarland Boulevard. With weeks to go before Tuscaloosa’s first Whata­burger opens on Skyland Boulevard, the company is announcing that a second location of the Texas-based restaurant is coming to the Druid City.

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Aldi, Texas Roadhouse projects will move ahead

Zoning-delayed developments going in tornado recovery zone As appeared in The Tuscaloosa News I Saturday, March 20, 2015 By Jason Morton Staff Writer Plans to build an Aldi grocery store and a Texas Roadhouse restaurant as part of a larger commercial project at the Lofts at City Center will go

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Local Kmart to close this year

Liquidation to start at Northport store later this month As appeared in The Tuscaloosa News I Wednesday, June 11, 2014 Patrick Rupinski Business Editor  The Kmart at 1700 McFarland Blvd. in Northport will close in early September, according to company officials. It is one of dozens of stores that have

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Construction begins on $lOOM development

With a ceremonious flip of a shovel, construction on the largest development within the tornado path of Tuscaloosa was celebrated Monday on McFarland Boulevard. The Lofts at City Center is replac­ing Wood Square Shopping Center, the 13.5-acre shopping center that was leveled by the tornado that ripped a 5.9-mile path across the city on April 27, 2011.

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Taylorville Publix opens Wednesday

The newest Publix Super Market in the Tuscaloosa area will open Wednes­day in Taylorville. On Monday, employees stocked shelves and polished display cases, readying the 45,600-square-foot store for its debut. Construction workers, meanwhile, put the finishing touches on the facade.

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South Tuscaloosa to get $20M shopping center anchored by Publix

Birmingham’s Capital Growth Buchalter Inc. said it will build a $20 million retail center in Tuscaloosa that will be anchored by a Publix Super Market. The 87,000-square-foot shopping center will be called Capital Market Center and is located on Highway 69 South and Southview Lane in Tuscaloosa.

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