Majestic Realty is preparing plans for a major renovation of the historic Stockyards Hotel in Fort Worth. The company, which co-developed Mule Alley and the Hotel Drover, is considering updates to the century-old property that has not undergone a comprehensive refresh in decades.
Last year, Fort Worth Heritage Development—a partnership between Majestic and the Hickman family—filed initial plans for a $20 million overhaul of the 50-room hotel located at 109 East Exchange Avenue. Recent filings with the Texas Department of Licensing and Regulation provide further details. Majestic has submitted permits to remodel the building and add new outdoor features, including a rear canopy measuring 990 square feet and a front canopy spanning 1,344 square feet. These additions are intended to change how the hotel presents itself on the street.
A separate filing estimates that work on canopies and deck replacement will cost about $1.5 million. Another permit, valued at $1.6 million, covers upgrades to H3 Ranch and Booger Red’s Saloon—the hotel’s main restaurant and bar—which will receive new kitchen equipment, lighting, and mechanical systems. Dallas-based Nunzio Marc DeSantis Architects has been named as architect of record for these improvements.
Construction is tentatively scheduled to start in January 2026. However, Majestic has stated that nothing is finalized yet. Rick Kline, who manages Stockyards operations for Majestic Realty, said: “We are early in the planning process,” declining to give more information about the scope or timeline.
The Stockyards Hotel was built in 1907 and has hosted notable guests over its history. It currently offers 42 rooms and 10 suites with nightly rates ranging from approximately $129 to $649. The last significant renovation took place in the early 1980s when local business owners reopened it after extensive updates.
This project comes as Majestic faces internal changes and ongoing legal disputes with former executive Craig Cavileer, whose ownership interests in several Stockyards properties were auctioned earlier this year. While Majestic reports that around nine million people visit the district annually, its broader expansion plan covering 300,000 square feet remains pending due to an unresolved economic development agreement with city officials.
