FORT WORTH, Texas (AP) - Fort Worth’s historic stockyards district could be at a crossroads.
The Fort Worth Star-Telegram reports (https://bit.ly/1i1Sb9k ) a California-based real estate investor and the stockyards’ largest landowners have formed a joint venture to build new hotels, restaurants and shops.
The $175-million expansion project has elicited a mixed response in the North Texas city built a century ago on cowboys and the cattle trade.
Some worry it will undermine the folksy charm of the historic hotels, saloons, parading longhorn cattle and indoor rodeo. The stockyards draw 3 million tourists annually. Others see the expansion as a great way to boost business in the stockyards. There has been little new development in a decade.
The Fort Worth City Council has approved $26 million in economic incentives for the project.
___
Information from: Fort Worth Star-Telegram, https://www.star-telegram.com
Copyright © 2018 The Washington Times, LLC.
The Washington Times Comment Policy
The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our
Comment Policy before commenting.