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The Town of Addison has approved a development agreement with Quadrant Investment Properties for Addison Junction, a transformative $240 million mixed-use project planned for the Addison Circle Silver Line Station.
As part of the agreement, the Town will invest $40 million toward infrastructure enhancements and construction of two public garages. This public investment is expected to catalyze over $200 million in private development. Upon completion, the project is anticipated to generate approximately $300 million in annual economic output and support more than 1,600 permanent jobs.
The 14-acre Addison Junction district will feature a 155,550-square-foot mass timber office building, a 140-room boutique hotel, 30,000 square feet of entertainment space, and The Hangar—a 12,000-square-foot aviation-inspired event venue located on DART property. Additional amenities include restaurants, a Texas-themed beer garden, rooftop patios, and public plazas designed for activation and community engagement.
Strategically located at the intersection of Addison Circle, Addison Airport, the Dallas North Tollway corridor, and the town’s major bus transit center, Addison Junction sits in a well-connected hub. The forthcoming DART Silver Line, currently under construction, will further integrate the area into a 26-mile commuter rail network connecting several key locations including Plano, Richardson/UT Dallas, Carrollton, Cypress Waters, downtown Dallas, and DFW International Airport.
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