#United States #Dallas #Russell Glen #Rivulet #Southern Dallas

Russell Glen's Rivulet: A Community Investment in Southern Dallas

The Russell Glen Company is set to embark on a momentous venture, having recently secured unanimous approval from the Dallas City Council for a substantial $23.5 million economic development grant aimed at transforming 90 acres of land in Southern Dallas into a vibrant master-planned community named Rivulet. This ambitious project signifies one of the most noteworthy private investments in the area in decades.

Located strategically at the intersection of University Hills Boulevard and Camp Wisdom Road, opposite the University of North Texas at Dallas (UNT Dallas), Rivulet promises to breathe new life into a region that has experienced minimal development over the last five decades. The grant from the City of Dallas is instrumental in funding crucial infrastructure improvements, unlocking the site's potential for sustainable growth and innovation.

Dallas City Councilman Zarin D. Gracey, representing District 3, expressed great enthusiasm for the project, stating, "I am incredibly excited for this development and the impact it will have on both Districts 3 and 8! This is the type of development the community not only needs, but what they want!" The vision for Rivulet echoes that of Pettis Norman, a late civic leader and former Dallas Cowboys tight end, who believed in the promise of Southern Dallas and its capacity for growth and development.

Once completed, Rivulet will feature a mix of residential options, including approximately 300 single-family homes and 240 apartment units, alongside a 20-acre retail district. This retail area is envisioned to house a neighborhood grocery store, various shops, restaurants, office spaces, and a public library/innovation center, further serving the local community's needs.

According to Terrence Maiden, CEO of Russell Glen Company, the planning process for Rivulet was meticulous, adhering closely to Pettis Norman's vision to uplift Southern Dallas’s character and identity. Maiden emphasized that the city's investment in infrastructure is pivotal for delivering high-quality residences that will contribute to a new level of housing choices in the area, harmonizing aesthetics, livability, and accessibility.

The relevance of Rivulet goes beyond just residential spaces; it merges with ongoing development initiatives in the vicinity, including UNT Dallas’s significant campus enhancement. The university has ambitious plans for a new $79 million STEM building and a contemporary law enforcement training center, which will further elevate the educational landscape of Southern Dallas. Moreover, the construction of University Hills, another 270-acre master-planned community, signifies a broader regional effort towards attracting quality housing and commercial opportunities.

Warren von Eschenbach, President of UNT Dallas, highlighted the collaborative vision between UNT Dallas and Russell Glen Company, stating, “The Rivulet development reflects the shared vision of our institution and Russell Glen Company to build vibrant, attainable communities that uplift Southern Dallas. This project will not only provide high-quality amenities but will also enhance the connectivity between our campus and the surrounding neighborhoods.”

To execute the Rivulet project effectively, Russell Glen has partnered with Republic Property Group (RPG) to manage the infrastructure development. With nearly sixty years of real estate development experience and a portfolio exceeding $7 billion across eight states, RPG stands poised to bring significant expertise to the project.

Tony Ruggeri, Co-CEO of RPG, commented, “We are thrilled to be assisting Russell Glen with the execution of their vision for Rivulet. This project represents the kind of intentional, community-centered development that strengthens Dallas for generations to come.”

Investors have also expressed faith in Russell Glen’s vision. Dan Healy, CEO of Civitas Capital Group, noted, “Rivulet shows what's possible when smart, creative leaders like Terrence Maiden spearhead initiatives. Southern Dallas has been overlooked for too long—no longer.”

Rivulet aims to be more than just a mixed-use community; it aspires to exemplify thoughtful and inclusive growth. Through its integration of affordable housing options, public green spaces, and retail amenities, the project is set to demonstrate that Southern Dallas can host aspirational and sustainable developments while fostering community pride and connection.

About Russell Glen Company

Founded with the mission of merging profitability with purpose, Russell Glen Company is a Dallas-based real estate development firm that specializes in revitalizing underperforming assets, turning them into thriving community centers. Their portfolio includes notable developments, such as the award-winning Shops at RedBird in Dallas. Since its inception, Russell Glen has championed transformative projects that balance aesthetics, functionality, and community engagement.

Visit russellglen.com for more information.

About Republic Property Group

Founded in 1967, Republic Property Group has played a pivotal role in the Dallas-Fort Worth real estate landscape, focusing on master-planned communities. Their experiences span over $7 billion in developments structured for exceptional living.

For further details, go to RepublicPropertyGroup.com.

About Civitas Capital Group

Operating as a leading EB-5 regional center, Civitas Capital Group invests in real estate development projects anchored by a commitment to integrity and community-focused solutions. The firm has an impeccable track record of 100% success in USCIS project approvals.

Learn more at civitascapital.com.