Leddy's and Franklin Family Broke Ground on Garage
The new $14 million parking structure aims to relieve congestion for the millions visiting the Fort Worth Stockyards.
Updated on Oct. 9, 2026 in Rodeo
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M.L. Leddy's and the Franklin family have officially broken ground on a $14 million, 4.5-story parking garage in the Fort Worth Stockyards. The project is designed to address severe parking shortages in the historic district, which serves 10 million annual visitors.
Why it matters
A 2023 city traffic study revealed that Stockyards core parking operates at over 85 percent capacity, leading to significant congestion. The new facility is a strategic effort to manage this growth and improve visitor access to the area.
The four-and-a-half-story garage will add 246 parking spaces, replacing 55 existing surface spaces and increasing total parking availability on the west side of the district by 32 percent.
The players
M.L. Leddy's
This historic retailer has invested in the district for 85 years and has operated in Texas for 104 years.
Linbeck Group
They are a construction firm serving as part of the project team for the new parking structure.
The details
The facility is located at the intersection of Ellis Avenue and 25 Street. The project team includes the Linbeck Group, Dunaway, Grace Design Studios, and SKM Communication Strategies.
Timeline
A city traffic study regarding the Stockyards was conducted in 2023.
The groundbreaking ceremony for the new parking garage took place on October 8, 2026.
Construction is expected to commence within weeks.
Season Trajectory
The project follows the findings of the 2023 City of Fort Worth Stockyards Traffic Study, which identified critical overcapacity issues. This development marks a significant step in rebalancing the infrastructure needed to support the district's rising tourism volume.
Visitors will eventually gain access to 246 new parking stalls, directly addressing the current overcapacity issues that frequently force drivers to search for limited surface spots. This expansion serves to mitigate the current congestion levels that hinder vehicle flow through the core district.
The takeaway
Large-scale infrastructure projects like this are essential for high-traffic tourism hubs to maintain functionality and visitor satisfaction. Local visitors should monitor future updates on construction-related street closures to navigate the district efficiently.
What happens next
Construction is slated to begin within weeks, with physical site mobilization serving as the next major milestone in the project timeline.
Further reading
Learn more about the latest developments in the Rodeo industry.
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