The City of Dallas is stirring with new economic advancements as the City Council recently greenlit a substantial multi-million-dollar project aimed at rejuvenating southern Dallas. Specifically, on November 12, the council approved a hefty $23.5 million grant for RG University Hills, LLC to kickstart Phase 1 of the highly anticipated Rivulet development. Situated northwest of the University of North Texas at Dallas campus, Rivulet is envisioned to be a vibrant mix of residential spaces, retail, and community-oriented open areas.
With an overall price tag that reads like a hefty novel amounting to more than $200 million, Phase 1 of Rivulet will use $50 million primarily for the groundwork required to support a new neighborhood. According to the City of Dallas, the plan includes "more than 70 acres and will support approximately 300 single-family homes and 200 multi-family residential units." Taking Dallas by storm, Rivulet promises to be a game-changer for southern Dallas, aiming at not just housing but also walkability and integration with the natural environment.
The growth doesn't stop at Rivulet, however, as the South Dallas/Fair Park Opportunity Fund (SDFPOF) places a December 5th deadline on its 2026 Human Development Notice of Funding Availability (NOFA). Promising to distribute $200,000 in grants, the fund is seeking projects that significantly bolster human development areas such as health, public safety, education, workforce development, and small business ventures, in a bid to uplift community standards.
Highlighting Dallas's flourishing small business scene, Starship Bagel's win at the 2025 International Bagel Competition in New York City not only brought home the "Best Bagel" title but also a significant reputation boost. Starship, which launched its baked goodness into first place, has also been a James Beard Foundation nominee, stating its commitment to excellence and putting Dallas on the world's culinary map.
