{"id":216638,"date":"2025-09-10T22:39:13","date_gmt":"2025-09-10T22:39:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/216638\/"},"modified":"2025-09-10T22:39:13","modified_gmt":"2025-09-10T22:39:13","slug":"240m-mixed-use-addison-development-tied-to-new-dart-line-gets-thumbs-up","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/216638\/","title":{"rendered":"$240M mixed-use Addison development tied to new DART line gets thumbs up"},"content":{"rendered":"<p class=\"body-text-paragraph\">A $240 million mixed-use project planned near the Addison Circle Silver Line <a href=\"https:\/\/www.dallasnews.com\/topic\/DART\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.dallasnews.com\/topic\/DART\">DART<\/a> station has received key approval from city leaders.<\/p>\n<p class=\"body-text-paragraph\">The <a href=\"https:\/\/www.dallasnews.com\/topic\/addison\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.dallasnews.com\/topic\/addison\">Addison<\/a> City Council approved a <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.dallasnews.com\/business\/real-estate\">development<\/a> agreement with Dallas-based Quadrant Investment properties for the Addison Junction project.<\/p>\n<p class=\"body-text-paragraph\">The 14-acre district will include a more than 155,000 square foot timber office building, a 140-room boutique hotel, 30,000 square feet of entertainment space, and The Hangar \u2014 a 12,000 square foot aviation-inspired event venue.<\/p>\n<p class=\"body-text-paragraph\">Restaurants, a Texas-themed beer garden, rooftop patios and public plazas will help link the development to Addison Circle Park and the Cotton Belt Trail Corridor, part of the 57-mile regional hike-and-bike system.<\/p>\n<p>D-FW Real Estate News<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__3beff secondaryRoman secondaryRoman-20 text-center text-gray-dark\">Get the latest real estate news you need to know.<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__8MgJa flex flex-wrap text-gray-dark secondaryRoman secondaryRoman-20 text-center justify-center\">By signing up, you agree to our\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/terms-of-service\/\" target=\"_blank\" rel=\"noopener\">Terms of Service<\/a>\u00a0and\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/privacy-policy\" target=\"_blank\" rel=\"noopener\">Privacy Policy.<\/a><\/p>\n<p class=\"body-text-paragraph\">Phase one of the project will be an entertainment facility, full service restaurant and\/or retail facilities. A minimum of 30,000 square feet will be set aside for restaurant or retail use. Other items include a farmer\u2019s market, public park, pickball courts and surface parking, according to city documents.<\/p>\n<p class=\"body-text-paragraph\">As part of the agreement, Addison will invest $40 million in infrastructure and two parking garages, leveraging more than $200 million in private development.<\/p>\n<p class=\"body-text-paragraph\">City officials estimate Addison Junction will generate more than $300 million in annual economic output and support more than 1,600 permanent jobs.<\/p>\n<p class=\"body-text-paragraph\">\u201cAs an economic developer, this is the kind of project we\u2019ve been working toward foryears,\u201d Wayne Emerson, Addison\u2019s director of economic development, said in a statement. \u201cQuadrant\u2019s innovative approach and focus on quality position Addison Junction as the center of gravity along the Tollway.\u201d<\/p>\n<p class=\"body-text-paragraph\">The city began assembling land around the rail corridor in the 1980s in anticipation of future light rail service. In 2019, Addison adopted the Addison Circle Special Area Study to guide development around the <a href=\"https:\/\/www.dallasnews.com\/news\/transportation\/2025\/04\/23\/dart-silver-line-trains-start-test-runs-throughout-dallas-fort-worth\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.dallasnews.com\/news\/transportation\/2025\/04\/23\/dart-silver-line-trains-start-test-runs-throughout-dallas-fort-worth\/\">Silver Line <\/a>station.<\/p>\n<p class=\"body-text-paragraph\">Earlier concepts for the project included residential development, but changes in the market and development partnerships resulted in the plans focusing on commerical and entertainment uses, city officials said.<\/p>\n<p class=\"body-text-paragraph\">The DART Silver Line will run through Addison, placing the northern city on a 26-mile commuter rail system linking Plano, Richardson\/UT Dallas, Carrollton, Cypress Waters, Dallas, and DFW International Airport.<\/p>\n<p class=\"body-text-paragraph\">\u201cAddison 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,\u201d Chad Cook, Quadrant\u2019s founder and managing partner, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"A $240 million mixed-use project planned near the Addison Circle Silver Line DART station has received key approval&hellip;\n","protected":false},"author":3,"featured_media":216639,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[7291,5229,12611,1596,4329,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-216638","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-addison","9":"tag-america","10":"tag-commercial-real-estate","11":"tag-dallas","12":"tag-real-estate","13":"tag-texas","14":"tag-tx","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115182407895382067","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/216638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=216638"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/216638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/216639"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=216638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=216638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=216638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}