WB Property Group is expected to start work this fall on a $125 million mixed-use project in League City, Texas. When it’s built by late 2029, Riverview will include apartments, senior housing, townhomes, restaurants, retail shops, office buildings and a number of amenities, such as a marina and amphitheater.
“We’re creating the gateway to League City where families can come and spend their weekends,” WB’s Robert Weinstein said. “We picked this site because of proximity to [Clear Creek] and also because we saw an opportunity to really create a gem of a gateway to League City where people could spend more time in League City rather than going to Webster and the surrounding areas.”
League City will give the developer up to $14 million in incentives if it follows through. Sales and property tax revenue generated by Riverview is expected to fund the incentives. The first phase is set for completion by January 2024.
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