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Southern Dallas Mixed-Use Project Secures City Grant

The $23.5 million grant will fund infrastructure to support 300 homes, 240 apartments, and a 20-acre retail district aimed at increasing housing and retail options.

  • On Nov. 12, Dallas City Council approved a $23.5 million economic development grant to advance Rivulet, a 90-acre master-planned mixed-use community at the northwest corner of University Hills Boulevard and Camp Wisdom Road, adjacent to the University of North Texas at Dallas.
  • To unlock the site, the grant will fund infrastructure improvements to expand housing choice and attract retail, including a neighborhood grocery, benefiting underserved Southern Dallas.
  • Construction is slated to begin next year after Russell Glen Company acquired the property in 2022 from the late Pettis Norman, and hired Republic Property Group to manage infrastructure.
  • Supporters say the project will be catalytic for the Education Corridor, backed by Civitas Capital Group and investors, with Councilman Zarin D. Gracey saying `I am incredibly excited for this development and the impact it will have on both Districts 3 and 8!`
  • The project connects to UNT Dallasʼ campus expansion, which will soon include a $79 million STEM building and law enforcement training center, while Russell Glen has a five million square-foot portfolio and partners with Civitas Capital Group.
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BenzingaBenzinga
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Russell Glen to Deliver Rivulet, a Transformational 90-Acre Master-Planned Community in Southern Dallas

Groundbreaking set for 2026 adjacent significant campus development at UNT Dallas DALLAS, Nov. 13, 2025 /PRNewswire/ -- Russell Glen Company this week received unanimous approval from the Dallas City Council for a $23.5

·New York, United States
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Benzinga broke the news in New York, United States on Thursday, November 13, 2025.
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