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Celebrate National Day of the Cowboy at Fort Worth Stockyards in Fort Worth.<\/p>\n
Anja Schlein\/Dallas Morning News<\/p>\n
There\u2019s been a shake up at the Fort Worth Stockyards<\/a>.<\/p>\n Executives who oversaw major growth in the historic district plan to develop a $160 million resort, while their former employers announced they were not moving forward with a planned billion-dollar expansion.<\/p>\n Fort Worth-based Delightful Development Co. and Dallas-based Woodbine Development Co. <\/a>plan to develop a resort at the northeast corner of Main and 23rd streets on the Stockyards\u2019 south side. Two luxury hotels totaling 225 rooms and suites, a shared underground parking garage and a mix of restaurant and retail space would occupy the 3-acre site, which fronts a portion of Marine Creek.<\/p>\n Article continues below this ad<\/p>\n The project also is expected to feature a resort-style pool overlooking the creek, 18,000 square feet of meeting space, a full-service day spa and more. Each hotel will feature a living room and lobby bar with outdoor seating, fire pits and other entertainment.\u00a0<\/p>\n The developers plan to break ground on the project in fall 2027, with a targeted opening date in spring 2030. The project is a public-private partnership funded in part by Fort Worth\u2019s Stockyards\/Northside Tax Increment Financing District, which approved the funding during its Aug. 5 meeting.<\/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 Craig Cavileer, co-founder of Delightful Development, said in a statement.<\/p>\n Fort Worth-based Delightful Development Co. and Dallas-based Woodbine Development Co. plan to develop a new resort at the northeast corner of Main and 23rd streets on the Stockyards’ south side.<\/p>\n Courtesy of Delightful Development<\/p>\n The partners are well-known in Dallas-Fort Worth.\u00a0Woodbine oversaw development of the iconic Reunion Tower.<\/p>\n Article continues below this ad<\/p>\n Cavileer and Delightful Development co-founder Kayla Wilkie-Kinne were key players in the Stockyard\u2019s redevelopment. The pair were principals in Stockyards Heritage Development Co. from 2012 to 2025, a partnership between Majestic Realty Co. and Fort Worth\u2019s\u00a0Hickman Cos. Development.<\/p>\n Cavileer\u2019s exit from Majestic Realty was contentious. Majestic alleged in a 2024 lawsuit that Cavileer owed $76 million in unpaid loans<\/a>, according to\u00a0the Fort Worth Report.<\/p>\n<\/p>\n
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