After the fair, this section was redeveloped by the Rouse Company as the Riverwalk, an upscale mall intended to attract both tourists and locals.

[1] On the afternoon of Saturday, December 14, 1996, the MV Bright Field freightliner/bulk cargo vessel slammed into the mall.

Damage to the mall, including the pier, condominium properties, shops, and hotel totaled an estimated $15 million (US).

[citation needed] The spot where the Bright Field collided with the Riverwalk is marked on site with a plaque.

[3] In 2022, Houston-based investment firm RockStep Capital bought the mall from the Howard Hughes Corporation for $34 million.