The Town of Addison approved a development agreement with Quadrant Investment Properties for Addison Junction, a $240 million mixed-use project set to rise at the Addison Circle Silver Line Station. 

Addison will invest $40 million in infrastructure and two public garages, leveraging more than $200 million in private development. At build-out, Addison Junction is projected to generate $300 million in annual economic output and support more than 1,600 permanent jobs. 

The 14-acre district will combine a 155,550-square-foot mass timber office building (photo), a 140-room boutique hotel, 30,000 square feet of entertainment space, and The Hangar, a 12,000-square-foot aviation-inspired event venue on DART property. Restaurants, a Texas-themed beer garden, rooftop patios, and public plazas are planned. 

Addison Junction is located at the crossroads of Addison Circle, Addison Airport, the Dallas North Tollway office corridor, and the Town’s bus transit center. The DART Silver Line, currently under construction, will place Addison on a 26-mile commuter rail system linking Plano, Richardson/UT Dallas, Carrollton, Cypress Waters, Dallas, and DFW International Airport.