FOR IMMEDIATE RELEASE
Aug. 24 ribbon cutting marks a new chapter for a McFarland Boulevard corner tied to the Buchalter family for several decades
TUSCALOOSA, Ala. — Raising Cane’s is scheduled to open Tuscaloosa’s first freestanding restaurant later this month at 1241 McFarland Blvd. E. The Chamber of Commerce of West Alabama has scheduled a grand-opening and ribbon-cutting ceremony to commemorate the event. The site’s redevelopment was led by Capital Growth Buchalter (“CGB”), a Tuscaloosa-founded firm whose family connection to the corner spans more than 30 years.
“As the third generation of our family in this business, I have learned that the best development decisions are measured over decades, not months,” said Eric Buchalter, a managing principal at CGB. “This Raising Cane’s opening reflects our family’s long-term commitment to Tuscaloosa and to this corridor,” added Robert Buchalter, chairman of CGB. “We’re proud to see this next step for the property and the continued growth of this corridor.”
CGB coordinated with Raising Cane’s and the City of Tuscaloosa throughout the planning, permitting and site-access review processes required to advance the redevelopment. CGB’s general counsel and partner Chad Post was instrumental in coordinating those efforts with the city and Raising Cane’s.
The project continues CGB’s redevelopment history along the corridor. Adjacent to this property, the company redeveloped the former 13.5-acre Wood Square Shopping Center after it was destroyed by the April 27, 2011, tornado. The 1,226-bed Lofts at City Center opened in 2013, and the site later welcomed Aldi, Texas Roadhouse and Whataburger.
The Raising Cane’s opening advances the corner’s broader redevelopment. CGB is evaluating additional commercial uses for approximately 1.2 adjacent acres.
About Capital Growth Buchalter
Capital Growth Buchalter (“CGB”) is a family-owned construction, development, investment and management firm founded in Tuscaloosa, Alabama, in 1953. Now in its third generation, CGB has developed more than 1,500 projects totaling approximately 14 million square feet and $2.5 billion in value across 32 states. The company works on retail, medical, multifamily and mixed-use real estate. Learn more at cgbuchalter.com.
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