The Addison City Council has approved a development agreement with Dallas-based Quadrant Investment Properties for Addison Junction, a $240 million mixed-use project planned for the Addison Circle Silver Line Station.

“Addison Circle put us on the map more than 25 years ago as a leader in creating connected, walkable communities,” Addison Mayor Bruce Arfsten said in a statement. “Addison Junction takes that vision to the next level. It will be a destination where people can work, gather, and celebrate, while also strengthening Addison’s role as one of the most connected and dynamic communities in North Texas.”

Rendering of mass timber office building at Addison Junction: Town of Addison

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

According to the town, the 14-acre district will combine 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 on DART property.

Restaurants, a Texas-themed beer garden, rooftop patios, and public plazas are planned to create Addison Circle Park and the Cotton Belt Trail Corridor, part of the 57-mile regional hike-and-bike system.

Rendering of the Texas-themed beer garden Van Buren’s at Addison Junction. [Image: Town of Addison]

‘Blending regional connectivity with placemaking’

The town began assembling land around the rail corridor in the 1980s, anticipating a day when light rail service would reach the community. In 2019, the Town adopted the Addison Circle Special Area Study to guide development around the Silver Line station.

Earlier concepts envisioned more residential density, but the town said changes in the market and development partnerships steered the project toward a commercial and entertainment focus. Quadrant Investment Properties, known for urban office redevelopment and placemaking, emerged as Addison’s partner in 2025.

Another rendered view of the aviation-inspired event space The Hangar at Addison Junction. [Image: Town of Addison]

“As an economic developer, this is the kind of project we’ve been working toward for years,” Wayne Emerson, Addison’s director of economic development, said in a statement. “Quadrant’s innovative approach and focus on quality position Addison Junction as the center of gravity along the Tollway.”

Addison Junction is 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.

“Addison Junction offers a rare canvas to provide a destination pedestrian-oriented district that will bring together office, hospitality, and entertainment on one of the last infill sites of scale in DFW,” said Chad Cook, Quadrant’s founder and managing partner. “With the Silver Line at its front door, this will be a true destination blending regional connectivity with placemaking.”

Since 2012, Quadrant Investment Properties has invested more than $1.17 billion across three million square feet of projects, delivering innovative and sustainable spaces that attract forward-looking companies and create lasting community value.

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