2019 Newcomer Guide + Business Directory 2019LCRCCDirectory | Page 17

The city draws them in with low crime
and unemployment rates, highly rated
schools, an abundance of shopping
opportunities, parks galore, restaurants
in every flavor, and a booming housing
market.
Some of the earliest subdividing
of land in League City started in
1891. While some of those lots still
exist today, modern subdivisions as
we know them began around the
1950s. Construction of these modern
subdivisions took off in the late ’80s
and hasn’t slowed down since.
Residential growth is still booming
along League City Parkway in master
planned communities such as
Westwood, Hidden Lakes, Tuscan Lakes,
Sedona, Magnolia Creek, Lakes of Bay
Colony and Mar Bella subdivisions.
A new luxury waterfront community
is also in the works. Marina Del Sol
waterfront villas, a development by
Newcor Ventures at 2220 Marina Way
in League City, offers homes from the
$675s.
The Delaney at South Shore, a
retirement living complex on Marina
Bay Boulevard, opened in 2018, offering
independent living, assisted living and
dedicated memory care for individuals
with Alzheimer’s or other dementias —
all set in a modern Texas aesthetic.
League City ranked as the 28th fastest
growing city in 2018 by Wallethub.com.
Comparing 515 U.S. cities of varying
population, the rankings were based
on 15 indicators of rapid economic
growth over the previous seven years
and examined data such as population
growth, unemployment rate decreases
and growth in regional GDP per capita.
With the city’s population surpassing
102,000, the housing market has
flourished. While the number of sales
stayed about the same from 2017 to
2018, the average sold price is still
on the rise, from $281,919 in 2017
to $284,279 in 2018. It’s a balanced
market, with healthy mix of buyers and
sellers. On average, homes only stay on
the market about two months before
being sold.
League City Regional Chamber of Commerce | 17