- Russell Glen will break ground on the 90-acre Rivulet master planned community in Southern Dallas in 2026.
- The project features about 300 single-family homes, multifamily units, a 20-acre retail district, and key amenities.
- A $23.5M city grant will fund infrastructure improvements to support the development.
- Rivulet targets critical needs like local grocery access and aims to uplift the area’s reputation.
Critical Investment in Southern Dallas
According to Bisnow, Russell Glen Co., led by CEO Terrence Maiden, plans to transform a long-overlooked area of Southern Dallas with the Rivulet master planned community. The 90-acre site sits near University Hills Boulevard and Camp Wisdom Road. Rivulet will bring new single-family homes, multifamily units, and a large retail district. For years, this area has faced negative perceptions and limited investment.
The master planned communities like Rivulet are designed to address the lack of infrastructure, amenities, and retail options—including a much-needed grocery store—for Southern Dallas residents.
Comprehensive Community Features
Rivulet will include about 300 single-family homes and hundreds of multifamily units. The plan also sets aside 20 acres for retail space. In addition, developers will add office space, a public library, and a community innovation center. Maiden said the project can attract new residents to Southern Dallas. He also noted it will support the area’s growing education corridor. That corridor includes UNT Dallas and Paul Quinn College. This approach mirrors other North Texas communities where large-scale residential planning continues to draw strong commercial real estate interest.
The project also answers ongoing resident calls for more grocers in the area, after a previous deal for a Tom Thumb store fell through. Maiden hopes Rivulet’s scale and proximity to major projects like University Hills will encourage grocery chains to invest locally.
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Securing Funding and Support
Southern Dallas historically faced development challenges due to limited infrastructure. A recently approved $23.5M Dallas City Council economic grant will enable vital infrastructure upgrades for master planned communities like Rivulet. The project has drawn backing from both city leaders and investors, with Civitas Capital Group and Republic Property Group each involved in funding and development oversight.
School safety and district ratings have improved since 2021, helping shift perceptions and supporting new master planned communities. The collaboration with UNT Dallas is expected to integrate student and staff housing needs, further strengthening Rivulet’s community impact.
Momentum and Next Steps
Russell Glen is finalizing the capital stack and partnerships with homebuilders, with LGI Homes secured and more details to come. Groundbreaking is targeted for late summer or early fall.
City officials see Rivulet as a catalyst for further investment and development, offering diverse housing, a vibrant retail environment, and improved connectivity for Southern Dallas’ growing population.
