Phase 2 redevelopment of the Fort Worth Stockyards may be on hold due to disputes between the project’s developers, court documents have revealed.
In documents filed on May 6, Majestic Realty Co.’s former executive vice president Craig Cavileer alleged that a dispute between the developer and its local partner for Stockyards redevelopment, The Hickman Companies, resulted in his firing and has stalled the almost $1 billion redevelopment project.
“Phase Two of the project — which would have converted a surface parking area into new mixed-use developments — has been put on indefinite hold,” the lawsuit states…