The leadership team that built the first redevelopment of the Fort Worth Stockyards has ridden into the sunset with a cloud of legal disputes in its wake.
These changes come as the Stockyards redevelopment project appeared on track for further progress. In June 2024, Fort Worth City Council approved incentives for the second phase of the project valued at $630 million.
But the leader of the project locally, Craig Cavileer, got crossways with his bosses at Majestic Realty, which filed suit against him and then requested he make good on about $78 million in promissory notes. That all occurred just as the parties involved, Majestic Realty and its local partner the Hickman Companies, were set to embark on an even more extensive phase two…