BOOTS AND BILLS
Massive San Antonio dancehall files Chapter 11 amid construction woes
Cowboys Dancehall says the bankruptcy filing won't interfere with its concert schedule.
A San Antonio dancehall is facing hard times amid ongoing highway construction. Cowboys Far West Ltd., the company that operated Cowboys Dancehall near Windcrest, has filed for Chapter 11 bankruptcy protection.
In the September 9 filings, the company said it has been unable to pay rent due to the TxDOT I-10 East / Loop 410 Interchange Project, a major highway overhaul that involves building stacked flyovers adjacent to and over the dancehall. Cowboys says the project, which has now spanned four years, is hurting visibility of the venue.
In a social media statement, Cowboys says it has no plans to close. It will remain open during its normal four-night schedule and has no plans to cancel concerts or special events.
“Hey y’all, we want to address recent news directly,” wrote a venue rep. “We’ve taken strategic steps to file for corporate restructuring under bankruptcy protection. This is a business move specifically designed to address ongoing landlord disputes and local highway construction concerns, protecting our staff, our operations, and our venue's future.”
Cowboys Dancehall, opened at 3030 NE Loop 410 in 2003, is one of the largest honky-tonks in San Antonio, housing two dance floors and a large, professionally lit stage. But this isn’t the first time the massive venue has had financial struggles.
According to the San Antonio Current, Cowboys Far West lost ownership in 2019 after another bankruptcy filing. The $6.5 million auction sale was won by Austin-based Heiser Development Corp., which leased the venue to SA Entertainment LLC. Cowboys Far West remained on board as the operator.
The court filings say that the company has $1.52 million in assets and $6.89 million in liabilities as of May 31. The largest debt, for $340,000, belongs to Red River Beverage Inc., a manufacturing and distribution company.
