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Old Posted Oct 28, 2017, 3:26 PM
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Armour Hotel planned for former meatpacking site in the Historic Stockyards

Project Location

Three years after buying the property, a Fort Worth Stockyards development group is planning a $21 million, 120-room hotel called the Armour Hotel and has asked the city for an incentive on the project.

The City Council heard terms of a proposed $1 million incentive Tuesday for the project planned off East Exchange Avenue.

Under those terms, the group, Niles City Resort Ltd., would be required to invest a minimum of $21 million by December 2019 to develop a four-star hotel. The hotel would be required to have at least 40 full-time employees on staff a year later.
The hotel’s facade must be masonry and reflect the historical and architectural heritage of the Stockyards, according to the terms.
Philip Murrin said the five-story hotel is the first in a three-phased project at the site. Construction should start in early 2018 and the hotel be open by spring of 2019, he said.
On Tuesday, most of the council expressed support for the project.
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