Stockyards Heritage Development Co. has already invested more than $200 million in the historic district and expects to put $500 million more into its...
Stockyards Heritage Development Co. has already invested more than $200 million in the historic district and expects to put $500 million more into its holdings over the next five years.
Over the last three years, the partners have poured more than $200 million into the Stockyards’ Mule Alley project and Hotel Drover opening. They say they plan to invest $500 million more over the next five years to build out the 70 acres it owns in the 200-acre historic district. The development group’s three-phase plan for the historic district began in 2018 with the renovation of horse and mule barns into a retail district, with Hotel Drover as its centerpiece. Subsequent phases involve developing surrounding land for retail, commercial, office and multifamily use.Last year, the developers and a venue-management companywith professional bull riding organization, PBR, to bring more Western-themed events to the district’s 16,000-square-foot Cowtown Coliseum.
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