In May 2006, Houston-based real estate company United Equities purchased the 100-block of Fry Street and announced that several of the historic buildings would be demolished to accommodate a new mixed-use commercial center.
In addition to a rodeo, the event features several local country rock performances, pageants, and food contests.
Hosted by the North Texas State Fairgrounds since 1948, the fair brings in over 150,000 people during its nine-day run.
North Texas Normal College, now the University of North Texas, was established in 1890, and the Girls' Industrial College, now Texas Woman's University, was founded in 1903.
As the universities increased in size, their impact on Denton's economy and culture increased.
In the 1980s, heavy manufacturing companies like Victor Equipment Company and Peterbilt joined older manufacturing firms such as Moore Business Forms and Morrison Milling Company in Denton.
The population jumped from 66,270 in 1990 to 80,537 in 2000.
Dry winds affect the area in the summer and can bring temperatures of over 100 °F (38 °C), although the average summer temperature highs range from 91 to 96 °F (33 to 36 °C) between June and August.
The all-time recorded low is −3 °F (−19 °C), and the coolest month is January, with daily low temperatures averaging 33 °F (1 °C).
Denton is home to several annual artistic and cultural events that cater to residents and tourists.
The annual North Texas State Fair and Rodeo began in 1928 and promotes the cowboy culture of Texas.
Denton lies on the southern end of what is commonly referred to as "Tornado Alley"; the National Weather Service occasionally issues tornado watches, although tornadoes rarely form in the city.