Majestic Realty is preparing for a significant renovation of the Stockyards Hotel in Fort Worth, a property known for its Old West history. The hotel, located at 109 East Exchange Avenue, has not undergone a full renovation since the early 1980s.
Plans for the project began to emerge last year when Fort Worth Heritage Development, a partnership between Majestic and the Hickman family, filed documents indicating a $20 million overhaul of the 50-room hotel. According to records from the Texas Department of Licensing and Regulation (TDLR), new filings submitted in November detail proposed remodeling work and new outdoor structures. These include a 990-square-foot rear canopy and a 1,344-square-foot front canopy intended to update the hotel’s appearance along the street.
Another TDLR filing estimates that the canopy construction and deck replacement will cost approximately $1.5 million. A separate permit valued at $1.6 million covers planned upgrades to H3 Ranch and Booger Red’s Saloon, which are part of the hotel complex. The upgrades will include new kitchen equipment, lighting, and mechanical systems. Dallas-based Nunzio Marc DeSantis Architects is listed as the architect of record for these projects. Construction is tentatively scheduled to start in January 2026.
Majestic confirmed these filings but noted that plans are still being developed. Rick Kline, who manages Stockyards operations for Majestic Realty, stated: “early in the planning process” and did not provide further details on the scope or timeline.
The Stockyards Hotel was built in 1907 and has played host to various notable guests over its history. It currently offers 42 rooms and 10 suites with rates ranging from about $129 to $649 per night.
This renovation comes during a period of leadership changes at Majestic Realty and an ongoing legal dispute involving former executive Craig Cavileer, whose ownership interests in several Stockyards properties were auctioned earlier this year. While Majestic reports that roughly nine million people visit the district annually, broader expansion plans totaling about 300,000 square feet remain uncertain as an economic development agreement with city officials has yet to be finalized.
