{"id":399403,"date":"2026-08-06T16:40:19","date_gmt":"2026-08-06T16:40:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/399403\/"},"modified":"2026-08-06T16:40:19","modified_gmt":"2026-08-06T16:40:19","slug":"former-leader-of-stockyards-redevelopment-plans-160m-luxury-resort-for-area","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/399403\/","title":{"rendered":"Former leader of Stockyards redevelopment plans $160M luxury resort for area\u00a0"},"content":{"rendered":"

by Bob Francis, Fort Worth Report
August 5, 2026<\/p>\n

Former Stockyards Heritage Development Co. leader Craig Cavileer and his new company, Delightful Development, announced plans Wednesday for a $160 million luxury resort along 1,000 feet of Marine Creek frontage just behind Mule Alley and Hotel Drover.\u00a0<\/p>\n

The resort news came on the same day that Cavileer\u2019s former employers announced they will not be pursuing plans for a $1 billion development.<\/a><\/p>\n

The new project, at the northeast corner of Main and 23rd streets, will feature two luxury hotels totaling 200,000 square feet, 225 rooms and a three-level underground parking garage with more than 350 spaces.<\/p>\n

The planned development will also have 30,000 square feet of green space and an entertainment area with access to Marine Creek and a crossing to connect to Tim Love\u2019s Lonesome Dove restaurant and the Mule Alley retail center.\u00a0<\/p>\n

Other amenities include a large resort-style pool with cabanas overlooking the creek, about 18,000 square feet of meeting space and a 4,000-square-foot event barn and lawn, a 7,500-square-foot grand ballroom, and a full-service day spa. The project will include 3,000 square feet of retail.\u00a0<\/p>\n

Groundbreaking is targeted to start fall 2027, according to developers, with the resort opening in spring 2030.<\/p>\n

\u201cHaving spent the past 15 years leading the curation and renaissance of the Stockyards, I couldn\u2019t be more excited to contribute to its ongoing revival with this project.\u201d Cavileer said.<\/p>\n

Delightful Development is a new company led by Cavileer and Kayla Wilkie-Kinne. The two former Majestic Realty executives led the first phase of Stockyards redevelopment that included refurbishing Mule Alley and creating Hotel Drover.\u00a0<\/p>\n

“Few projects offer a genuine blank canvas, and fewer still come with the history and character the Stockyards bring to the table. We’re honored to help shape the next chapter of hospitality here. I have no doubt the result will be extraordinary,\u201d Wilkie-Kinnet said.<\/p>\n

Stockyards Heritage, which is a partnership between California-based Majestic Realty and Fort Worth\u2019s Hickman Companies, was led by Cavileer until last year. Cavileer left Majestic in a legal dispute which continues in a Los Angeles court. Majestic Realty is asking for $76 million in unpaid loans from Cavileer, who has countersued.\u00a0<\/p>\n

Delightful Development is partnering with Woodbine Development on the resort project. Woodbine is no stranger to Fort Worth, having developed the six-story, 180,000-square-foot Class A office building in the Clearfork development.\u00a0\u00a0<\/p>\n

The new development is a public-private partnership with Delightful, Woodbine and the city of Fort Worth. The board overseeing the tax increment reinvestment zone for the Northside and Stockyards approved a tax increment financing development agreement with the developers during its Aug. 5 meeting. \u00a0<\/p>\n

Bob Francis is business editor at the Fort Worth Report.\u00a0 bob.francis@fortworthreport.org.\u00a0<\/p>\n

At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here<\/a>.<\/p>\n

This <a target=”_blank” href=”https:\/\/fortworthreport.org\/2026\/08\/05\/former-leader-of-stockyards-redevelopment-plans-160m-luxury-resort-for-area\/”>article<\/a> first appeared on <a target=”_blank” href=”https:\/\/fortworthreport.org”>Fort Worth Report<\/a> and is republished here under a <a target=”_blank” href=”https:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/”>Creative Commons Attribution-NoDerivatives 4.0 International License<\/a>.<img src=”https:\/\/i0.wp.com\/fortworthreport.org\/wp-content\/uploads\/2021\/04\/cropped-favicon.png?resize=150%2C150&amp;ssl=1″ style=”width:1em;height:1em;margin-left:10px;”><\/p>\n

<img id=”republication-tracker-tool-source” src=”https:\/\/fortworthreport.org\/?republication-pixel=true&post=712808&amp;ga4=2820184429″ style=”width:1px;height:1px;”><script> PARSELY = { autotrack: false, onload: function() { PARSELY.beacon.trackPageView({ url: “https:\/\/fortworthreport.org\/2026\/08\/05\/former-leader-of-stockyards-redevelopment-plans-160m-luxury-resort-for-area\/”, urlref: window.location.href }); } } <\/script> <script id=”parsely-cfg” src=”\/\/cdn.parsely.com\/keys\/fortworthreport.org\/p.js”><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"by Bob Francis, Fort Worth Report August 5, 2026 Former Stockyards Heritage Development Co. leader Craig Cavileer and…\n","protected":false},"author":2,"featured_media":399404,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[129,116,118,117,6572],"class_list":["post-399403","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-commercial-real-estate","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news","tag-fort-worth-stockyards"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/399403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=399403"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/399403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/399404"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=399403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=399403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=399403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}