Fort Worth City Council unanimously approved a $630 million plan that will nearly double the size of the historic Stockyards entertainment district. M2G Ventures, Hickman Companies and Majestic Realty are developing the project.

The expansion would add:

• 300,000 square feet of new commercial development
• 500 hotel rooms in one or more properties
• A 295-unit multifamily property
• 1,300 parking spaces in two or more underground parking garages
• Expanded livestock buildings
• Cowtown Coliseum improvements

Community Impact reports that to assist in financing these two items, the city will enter into a tax increment financing agreement that will use tax dollars within a tax increment financing zone to reimburse the costs. 

The historic Fort Worth Stockyards were built in 1876 when the city became a major shipping point for livestock and reached a peak in 1944 when it processed more than 5 million cattle.

City documents state the expansion project is slated for completion by the end of 2032.