Addison city leaders have approved zoning for a major mixed-use project near Addison Circle Park, advancing plans for the $240 million Addison Junction development.

At its Feb. 10 meeting, the Addison City Council voted to establish a Planned Development zoning district covering approximately 15.5 acres at the southeast corner of Addison Road and Festival Way, along with nearby parcels near Quorum Drive and Arapaho Road. The approval allows the project to move forward into detailed design and planning before returning for final city approvals.

Project Plans Include Hotel, Office and Entertainment

Addison Junction is envisioned as a walkable, mixed-use district combining office space, hospitality, dining and entertainment. Plans call for a seven-story boutique hotel with about 150 rooms and meeting space, as well as a six-story office building totaling roughly 155,000 square feet and constructed using hybrid mass timber.

The development is also expected to include multiple restaurant and retail buildings, an indoor entertainment venue focused on live music and food-and-beverage programming, and a farmers market area featuring smaller retail structures and outdoor gathering spaces. Structured parking garages and surface lots are planned to support the district.

Public-Private Investment

Dallas-based Quadrant Investment Properties is leading the private portion of the project, contributing more than $200 million. The town of Addison is investing approximately $40 million in infrastructure improvements as part of the public-private partnership.

Years of Planning

The project follows years of land assembly and planning efforts by the town, particularly around Addison Circle Park and a future transit center. In 2018, Addison shifted toward a transit-oriented development vision tied to the DART Silver Line. After revising earlier concepts and selecting development partners, the town partnered with Quadrant Investment Properties in 2025, culminating in the current Addison Junction proposal.