- Delightful Development Co. and Woodbine Development Co. are planning a $160M resort project at the gateway to Fort Worth’s historic Stockyards district.
- The development will include two hotels totaling 225 rooms, restaurants, about 3,000 SF of retail, 30,000 SF of green space, and shared parking.
- The project reinforces investor interest in Fort Worth as Stockyards redevelopment and broader Tarrant County growth continue attracting capital.
A $160M luxury resort is coming to Fort Worth’s historic Stockyards district, adding two hotels, restaurants, retail, and public spaces to one of North Texas’ fastest-growing destinations, as noted by Bisnow. Delightful Development Co. and Woodbine Development Co. are leading the project, building on their previous work transforming the Stockyards into a nationally recognized hospitality and entertainment hub. The resort is expected to further elevate Fort Worth’s tourism appeal while attracting continued investor attention to the region.
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Fort Worth Stockyards’ next luxury hospitality play
A $160M luxury resort will transform the entrance to the Fort Worth Stockyards. The project will add hotels, dining, and retail to one of North Texas’ most visited destinations. Delightful Development Co. and Woodbine Development Co. are leading the project at Main and 23rd streets through a public-private partnership with the city of Fort Worth.
The developers helped deliver Hotel Drover and Mule Alley. They plan to start construction in fall 2027 and open the resort in spring 2030.
A new chapter for the Stockyards revival
The project builds on more than a decade of redevelopment in the Stockyards. Those efforts have turned the historic district into a major tourism and entertainment destination.
Delightful Development was founded by former Majestic Realty Co. executives Craig Cavileer and Kayla Wilkie-Kinne. Both leaders helped guide major Stockyards projects while at Majestic.
The resort comes as the district expands beyond its Western heritage roots. Woodbine Managing Partner Dupree Scovell said the Stockyards has attracted more than 10 million visitors annually over the past five years. Visitors include local, regional, national, and international travelers.
The announcement also changes the Stockyards development outlook. On the same day, Stockyards Heritage Development Co. announced it would not move forward with its planned $1B mixed-use project. The proposal included hotels, residential units, commercial space, and underground parking.
The details: Two hotels and a $160M investment
The Fort Worth luxury resort will cover more than 3 acres. Plans include two high-end hotels with 225 rooms combined. The project will also feature restaurants, about 3,000 SF of retail space, and 30,000 SF of green space.
The green space will connect the resort to Mule Alley and the future Marine Creek Promenade. The two hotels will share a subterranean parking garage.
The Tarrant County Tax Increment Reinvestment Zone approved an agreement that provides up to $8.5M for public improvements. The developers must invest $112M in construction and complete the project by the end of 2031.
Branded hospitality gains momentum in Fort Worth
The resort adds another major hospitality project to a growing Fort Worth market. The Stockyards has become a key redevelopment area. It combines hotels, restaurants, entertainment, and public spaces.
Tarrant County has also attracted new capital through industrial, manufacturing, and mixed-use developments. Crescent Real Estate Senior Vice President of Investments Jeff Dyer highlighted investor interest tied to the region’s growth.
The project reflects a wider hospitality shift toward experience-driven destinations. Developers are combining hotels with dining, retail, and entertainment to create stronger visitor experiences.
Why it matters: A bet on Fort Worth’s growth
The resort adds another significant investment to the Stockyards. Fort Worth continues to compete for visitors, businesses, and institutional capital.
The project’s gateway location gives it access to the district’s tourism base. It also expands the area’s supply of upscale lodging.
For CRE investors, the development shows confidence in Fort Worth’s growth potential. Tarrant County continues to emerge as a major investment market within North Texas.
What’s next: Construction timeline and future development
Delightful Development and Woodbine plan to break ground in fall 2027. The resort should open in spring 2030.
The developers will also complete public improvements tied to the Stockyards partnership. Investors will watch how the district evolves after the cancellation of the larger $1B expansion plan.
