Addison Junction will include office space, a hotel, restaurants and entertainment venues
Addison is moving one step closer to transforming a long-held stretch of land near Addison Circle Park into a major new destination. At its Feb. 10 meeting, the Addison City Council approved a Planned Development zoning district for Addison Junction, clearing the way for a $240 million mixed-use project that has been years in the making.
The rezoning covers roughly 15.5 acres at the southeast corner of Addison Road and Festival Way, along with nearby parcels near Quorum Drive and Arapaho Road. With the zoning now approved, the project can advance into detailed planning and design before returning for final approvals.
What Addison Junction Will Include
Plans envision a full-scale mixed-use district blending office space, hospitality, restaurants and entertainment into a connected environment. The development is expected to feature a seven-story boutique hotel with about 150 rooms and meeting space, along with a six-story, roughly 155,000-square-foot office building constructed using hybrid mass timber.
Additional components include multiple dining and retail buildings, an indoor entertainment venue designed for live music and food-and-beverage programming, and a farmers market area made up of smaller retail structures and outdoor gathering space. Several parking garages and surface lots are also planned to support the district.
Photo: Town of Addison
A Public-Private Partnership
The project represents a significant collaboration between the public and private sectors. Dallas-based Quadrant Investment Properties is leading more than $200 million in private development, while the town of Addison is contributing approximately $40 million toward infrastructure improvements.
Years In The Making
The approval follows decades of groundwork by the town. Addison spent years assembling land around Addison Circle Park and the future transit center before shifting toward a transit-oriented vision in 2018 tied to the DART Silver Line.
Photo: Town of Addison
After selecting development partners earlier in the decade and navigating changes to the original concept, the town partnered with Quadrant Investment Properties in 2025, ultimately leading to the current Addison Junction plan.
What Comes Next
Although zoning approval is a major milestone, the project still must move through additional review steps. Developers will need to submit detailed site plans, architectural designs, landscaping plans and other technical documents for final approval by both the planning and zoning commission and city council before construction can begin.
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