Majestic Realty, known for its involvement in recent Fort Worth Stockyards developments such as Mule Alley and the Hotel Drover, is preparing plans for a major renovation of the historic Stockyards Hotel. The hotel, located at 109 East Exchange Avenue, has not undergone a comprehensive update since the early 1980s.
Initial indications of the project appeared last year when Fort Worth Heritage Development—a partnership between Majestic Realty and the Hickman family—filed plans for a $20 million overhaul of the 50-room hotel. More details emerged in November with new permit filings to the Texas Department of Licensing and Regulation. These include proposals to remodel the building and add outdoor structures: a 990-square-foot rear canopy and a 1,344-square-foot front canopy intended to change how the hotel appears from the street.
Additional permits estimate $1.5 million for canopy work and deck replacement. Another permit covers $1.6 million in upgrades to H3 Ranch restaurant and Booger Red’s Saloon, which are part of the hotel complex. Planned improvements include new kitchen equipment, lighting, and mechanical systems. Nunzio Marc DeSantis Architects of Dallas is listed as architect of record, with construction expected to start in January 2026.
Majestic Realty confirmed these filings but said no final decisions have been made about moving forward with construction. Rick Kline, who manages Stockyards operations for Majestic Realty, stated that “the company remains ‘early in the planning process’” and did not provide further details on timing or scope.
The Stockyards Hotel was built in 1907 and has historical significance in Fort Worth’s western district. It currently offers 42 rooms and 10 suites at nightly rates ranging from approximately $129 to $649.
This potential renovation comes amid leadership changes at Majestic Realty and ongoing legal disputes involving former executive Craig Cavileer. Ownership stakes held by Cavileer were auctioned earlier this year following his departure from several Stockyards projects. A larger expansion plan covering an additional 300,000 square feet is still pending resolution due to an unfinished economic development agreement with city officials.
