A. Lee Graham
A Marriott Courtyard hotel is planned for the historic Stockyards district, with about 2.21 acres changing hands for the 124-room property.
“We knew the Stockyards needed more hotel rooms, but there was a barrier to entry due to scarcity of land for the use,” said Lynn Dowdle, whose Dowdle Real Estate represented the buyer, Sunbelt-CFS LLC, in the transaction.
“We are thrilled to have finalized this transaction and we are certain the Marriott Courtyard will be a welcomed addition to the most famous historic district in Fort Worth,” Dowdle said in a news release.
Representing Exhibits Building Partnership, the seller, in the transaction were Robert Grunnah, president of Henry S. Miller Cos. and Lily Chang, vice president of the firm’s investments-land division.
Sunbelt-CFX acquired the site at 2533 Main St. and plans immediate construction of the hotel. An opening date has not been determined.