A development company led by business people with Fort Worth backgrounds, Tiger Woods and a professional golfer with TCU ties have come together to turn a 914-acre development in Parker County into a golf course surrounded by luxury homes. 

Bluejack Ranch is the name of the project. It comes from Lantern Asset Management, which has partnered with Tiger Woods and his TGR Design group to design the course. J.J. Henry is a professional golfer who played at TCU. Lantern Asset Management is led by founder and CEO Andy Mitchell, who graduated from TCU with Henry. His wife, Kristen Mitchell, is a consultant to the company and also graduated from the school. Andy Mitchell gained some notoriety in 2018 when he helped finance the acquisition of The Weinstein Co., the movie company led by disgraced and now imprisoned Harvey Weinstein.

Expect Bluejack Ranch to be similar in concept to the Bluejack National private golf community, which the same group built north of Houston and opened in 2014. That project has won numerous plaudits and awards. 

It was a trip to the area that sold Andy Mitchell and, perhaps more importantly, his wife, Kristen, on getting involved in the project. 

“She said, ‘I could live here,’ and really that was all it took,” he said. “Now, here we are.” 

Mitchell credits Henry with originally having the vision to build a championship caliber course on the site. 

“I think it was five years ago, at an event at Bluejack National, and he asked me if I was interested in doing something like Bluejack near Fort Worth,” said Mitchell. 

At the time, Mitchell had just purchased the assets from The Weinstein Co. “I was basically living in LA and traveling all over the world at the time,” he said. 

But last year, after another group led by Fort Worth-based Escalante Golf saw plans fall through, Henry called Mitchell again. 

“He was more persistent this time,” Mitchell said. 

Eventually, Mitchell’s Lantern Asset Management purchased the land from Ryan Voorhees. The property is located just off U.S. Highway 377 and Kelly Ranch Road in Aledo. 

Advisers on the project include Michael Bennett, CEO of Bennett Partners. 

“It’s been great to work with these guys who really know Fort Worth now,” Mitchell said. “I was born in Cook Children’s and grew up here, but I’ve been away for a while.” 

Rendering of plans for Bluejack Ranch. (Courtesy image | Bluejack Ranch)

Mitchell said the golf course is expected to open in early 2026. 

Along with the golf course, practice facilities, a lighted 10-hole par-3 course and clubhouse, there will be about 600 homes and other amenities, such as a family entertainment area, a spa and wellness area and a podcast studio. Those are similar to offerings available at the Blackjack National. 

There will also be a working dude ranch with horses, longhorns, donkeys and other animals, Mitchell said. 

“We want people to be able to have a lot of experiences in the area, golfing, ranching and at the end of the day come home to the family, to come together,” he said. 

Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. 

At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.

here.