FORT WORTH (CBS 11 NEWS) – The Fort Worth City Council voted to change zoning around the historic Stockyards to permit mixed-use development.
The developer, Majestic Realty Company, told Mayor Betsy Price in a letter:
“Development of new projects under review include unique destination retail, craft breweries/spirits, a farmers market, and signature restaurants and eateries featuring not only popular Texas chefs but upstarts as well.”
And that will likely include residential space,too.
“It’ll have to be where it fits in with The Stockyards, its got to fit in with the entertainment part of it, but I think its very likely people will want to live out there,” Mayor Price said.
To better control what future development looks like, the city will eventually change The Stockyards’ zoning to what’s called ‘form based-code’ — like in the Near Southside area next to the hospital district.
Development has to follow a strictly controlled theme that fits in with the flavor of the neighborhood. Streets, crosswalks and sidewalks are to designed to be pedestrian friendly and historic buildings are occupied but their historic appearance is almost unaltered.
But, form-based code likely won’t be in place before the new Stockyards development arrives
Majestic’s letter assured Mayor Price, “We not only embrace this authentic cowboy culture and history, but will strive to preserve and enhance it, and in some cases restore it.”
But some Stockyards residents say the developers should wait for more stringent codes.
“If you’re going to commit to historical preservation and doing the right thing for The Stockyards then commit,” said Concho Minick, President of Billy Bob’s Texas. “Put it in writing. Put in form based code. And, that’s not what happened.”
But the mayor says the city will be able to hold Majestic to its word. “We have the ultimate say-so because they have to file a site plan, they’ll go to planning and developing and they’ll have to come to us for the final say-so. So, we’ll scrutinize it very closely.”
Plans for even tighter zoning controls are underway. But Mayor Price said they could still be six to 10 months away from formulating a plan specifically for The Stockyards.
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