"Yellowstone" creator Taylor Sheridan buys this renowned restaurant in Fort Worth Stockyards
Sheridan, along with his business partners David Glasser and Dan Schryer, recently purchased Cattlemen's Steak House, the group announced Wednesday.
Cattlemen's is currently under a multi-million-dollar renovation, which is nearing completion. The plans include enhancing the food and wine offering, adding new dining, a bar, event spaces and an outdoor patio with a live music stage.
Sheridan, who, apart from Hollywood, is a native Texan, rancher and cattleman. His Four Sixes Ranch has been providing USDA grade beef to Cattlemen's Steak House, the Bowie House, Auberge Resorts Collection in Fort Worth and SW Steakhouse.
He promises to keep the essence of the menu and the preserved time-honored concept guests love.
"Fort Worth is a vital city to both our state and our nation. It is where the West begins and where the cattle business was born. It is deserving of a gathering place for those who both shaped this city's past and guide its future — where friendships can be fostered and formed, and the very best of this city can be celebrated," Sheridan said the news release.
Sheridan and his partners are also adding an element called "Cattlemen's Club," which will be a members-only dining and social club with a 130-person seating capacity. It will open summer of 2025.
Designer Tyler Duncan, of Duncan Design Group in Grapevine, said the club will pay homage to "everything cowboy."
The Cattlemen's Club memberships will be priced at $3,000, with a one-time initiation fee of $1,000, according to the news release.
Cattlemen's was created in 1947 by Jesse and Mozella Roach and has remained in the Stockyards for over 75 years. Current owners, Marti Taylor and Larry Heppe, will remain as part-owners in the restaurant.
Sheridan continues to invest in North Texas
This is just the latest investment by Sheridan in the Fort Worth community. Sheridan, who not only helped create "Yellowstone", has also created several other popular series for Paramount, shot extensively in the city.
Recently, Sheridan's other original series, "Landman," filmed parts of its second season in Downtown Fort Worth.
And among college graduates at Texas Christian University, Sheridan received an honorary Doctor of Letters degree.
Sheridan's commitment to the arts, Texas film industry and business has made an economic boon for North Texas.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
MLB Speedway Classic was a Fyre Fest-like fail even before the rain
The Major League Baseball Speedway Classic came to an anti-climatic end Saturday evening after heavy rain turned the field into mush and forced the Cincinnati Reds versus Atlanta Braves game to be suspended after one inning. But according to different fan accounts on social media, the event was a giant mess even without the rain. From bun-less hot dogs to cheese-less nachos, Bristol Speedway was more akin to the Jones residence from the classic 1995 movie Friday than it was to a ballgame. "Y'all ain't never got two things that match!" One apparent attendee provided photos of the awful concession food on X, saying the game was "the MLB version of Fyre fest." Yikes. Seriously?? Who thought that was a good idea? And to make it worse, the speedway charged full price for the part-time food, according to the same fan. Other attendees also shared their bad experiences on social media, which ranged from the food completely running out to problems with parking. But hey, at least they get to try it again when the game resumes Sunday afternoon. This article originally appeared on For The Win: MLB Speedway Classic was a Fyre Fest-like fail even before the rain
Yahoo
15 minutes ago
- Yahoo
'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Homeowners insurance is usually seen as a necessary expense for protecting one's biggest investment. But for some, the rising cost has raised a tough question: Is it worth it to keep paying? A Colorado Couple's Dilemma A couple in Colorado recently shared their frustration on Reddit about their homeowners insurance bill skyrocketing to more than $7,200 a year — an increase that felt hard to swallow, even with a fully paid-off home. They asked the online community: "We can keep paying it, but should we?" With no mortgage or loans against their house, they feel caught between financial pressure and the risk of going without coverage. They admit that if their home were destroyed, they couldn't afford to rebuild it. Renting in their area would likely cost between $2,500 and $3,000 a month, adding another financial strain. Shop Top Mortgage Rates A quicker path to financial freedom Personalized rates in minutes Your Path to Homeownership Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Why Are Insurance Costs Rising? According to CBS News, Colorado is facing some of the highest homeowners insurance premiums in the country. The state ranks second nationwide for hail insurance claims and for the number of homes located in high-risk wildfire areas. This combination pushed average premiums up more than 50% between 2019 and 2022, especially after wildfires like the East Troublesome and Marshall Fires. "We are in the hardest market in a generation for property insurance," Carole Walker, executive director of the Rocky Mountain Insurance Association, told CBS News. She explains that more people live in wildfire-prone areas than before, and "record-breaking catastrophes" are becoming more common. The Reddit couple isn't alone in these rising costs. For homeowners, like Melinda Endres of Broomfield, this has meant a sharp increase in bills, with some monthly payments jumping by nearly $440. Trending: $100k+ in investable assets? – no cost, no obligation. The Risks of Canceling Insurance Many commenters on the Reddit thread and insurance experts caution against simply canceling homeowners insurance. One Reddit user, who is both a former insurance producer and a lawyer, warned: "Do not go without homeowners insurance!" Others shared stories of people who dropped their coverage only to face disasters they couldn't financially recover from. Insurance doesn't just protect the physical structure — it can cover liability issues such as injuries on the property or damage caused to neighbors, which can lead to costly lawsuits. How Some Are Coping Experts suggest shopping around and comparing insurance quotes to find a better deal. Increasing deductibles, bundling home and auto policies, and adjusting coverage to reflect the actual value of the home rather than an inflated replacement cost are all ways to manage premiums. LendingTree reports that 13.6% of U.S. homes are uninsured, leaving millions vulnerable. "Insurance has become more expensive and harder to get in recent years," says Rob Bhatt, a home insurance expert at LendingTree. "This is putting people just one disaster away from losing the physical and financial security their home provides." , Should You Cancel? For many homeowners, canceling insurance is a gamble. While the upfront cost savings may seem tempting, the potential financial fallout from disasters, liability claims, or unexpected damages can be devastating. If insurance premiums rise to unaffordable levels, it may be worth exploring options like high-deductible plans or seeking state-backed insurance programs designed to help high-risk properties. As the situation evolves, experts encourage homeowners to carefully weigh their risk tolerance, financial situation, and local hazards before making a decision. Read Next: With Point, you can Image: Shutterstock This article 'We Can Keep Paying It, But Should We?' Why One Colorado Couple Wants To Cancel Their Homeowners Insurance originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 minutes ago
- Yahoo
Experts Share How Much Savings You Really Need To Retire in Florida
Florida is one of the most popular retirement destinations in the U.S., and for good reason. But how much do you actually need to retire comfortably in the Sunshine State? Read Next: Learn More: According to experts, how much you need depends on your lifestyle, location, longevity and other factors. Here's what they had to say. Also see a big money-saving opportunity that Florida retirees could be missing. How Much You Need To Retire in Florida 'We instruct our students and clients when planning for a successful retirement to focus on four L's: liquidity, lifestyle, longevity and legacy,' Myles McHale, accredited investment fiduciary and instructor at Cannon Financial, wrote in an email. 'Retiring in Florida can be possible and a dream come true — but how much you'll need depends on all of these factors. In addition, we can add one more L factor into the mix: Location.' 'The cost of living in Florida is more expensive than in other states when you factor in property taxes, insurance costs and the risk of hurricanes and flooding. All of these impact your needs in retirement,' said Alex Astin, a financial advisor with Burns Estate Planning in Florida. How much you spend can greatly impact your retirement too. 'How much you spend matters significantly more than how much money you have saved for retirement,' Astin said. It also depends on whether you have any existing debt and how much. 'If there is no debt on the books the true cost of retiring comfortably may not be as much as one would imagine,' Kevin Chancellor, a financial advisor and certified Social Security claiming strategist at Black Lab Financial Services, located in Florida, wrote in an email. According to McHale, the estimated annual retirement cost in Florida can run from a modest $5,000 to $6,500 per month to well over $25,000 in monthly spending. He recommended saving enough to replace 70% to 80% of pre-retirement income for a comfortable retirement. For someone targeting $75,000 to $80,000 in annual expenses over a 20-year retirement, McHale noted that a savings goal of around $1.6 million could be a reasonable benchmark, particularly in areas like Orlando. 'Should you aim for a modest retirement, areas like Ocala, Lakeland or The Villages, these areas offer lower costs yet great amenities,' he added. Check Out: How To Financially Prepare for Retirement in Florida A successful retirement starts with a plan and realistic expectations. To make sense of how much you'll need, it's helpful to break retirement into three lifestyle tiers: modest, average and upscale. 'Each has a different cost, and each requires a different mix of income from Social Security, pensions, IRAs, 401(k)s or other assets,' Chancellor explained. When talking to clients about expenses, Astin asks his clients how much they're spending entering retirement on things like groceries, insurance, gas and electric bills, and travel. 'You don't want to have to reduce your expenses in your golden years, which is another factor in determining how much money each individual needs to retire comfortably,' Astin explained. According to Astin, it's better to plan for higher costs than expected. 'This gives retirees breathing room if things end up being more expensive,' he added. McHale also recommended renting before buying. 'We recommend to 'try before you buy.' You have the opportunity to rent in several locations to make sure both the feel as well as the expense are the right fit for you and your family before purchasing a home,' McHale explained. 'Look for a community with good healthcare, social activities and a cost of living that fits your budget.' More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 How Much Money Is Needed To Be Considered Middle Class in Your State? Clever Ways To Save Money That Actually Work in 2025 This article originally appeared on Experts Share How Much Savings You Really Need To Retire in Florida Sign in to access your portfolio
