City Council is considering over $3 million in incentives for a new seven-story development along South University Drive. Local developer Trademark Property proposed the $81.6 million expansion of Westbend, set to be complete before August 2028.
The $53 million first phase of Westbend was completed in 2015. The second phase has the potential to add $65.7 million in taxable value to a currently empty, wedge-shaped parcel between South University Drive and the Clear Fork of the Trinity River.
What’s included?
- 300 units of multifamily housing
- 4,500 sqft of commercial space
- A trailhead linking the complex to the Trinity Trails
- Sidewalk improvements + bike repair station
- Public art, landscaping + outdoor seating
City Council will vote on 10 annual grants — which total over $3 million and require Trademark Properties to hire business equity firms for 15% of the costs — on Tuesday, Aug. 27.