Addison -- A Quick Economic Look
Addison Weather
![]() | 95°F |
| M/SUNNY Wind: W at 4 mph | |
| Tomorrow: | 74°F/93°F |
| Saturday: | 76°F/94°F |
| Complete DFW Forecast | |
The Town of Addison continues to prosper into the new millennium. While Addison is better than 90 percent built out, prime real estate remains and redevelopment opportunities at and near the Addison Airport are anticipated for the future. Office & Warehouse The 374,000 square foot Millennium office building and the smaller 100,000 square foot Parkside Corporate Center buildings were completed in 2000. Additionally, over 324,000 square feet of office/warehouse/showroom space to the northeast of the Addison Airport at the corner of Westgrove Drive and Excel Parkway also finished construction in 2000 and early 2001. Urban Center CityHomes recently received approval to construct 183 condominiums in the Addison Circle Urban Center. The homes will range between 1,500 to more than 2,000 square feet. These homes will add to the existing six town homes and 86 condominium units that already offer a home-ownership opportunity in Addison Circle. In addition, Fairfield Residential has purchased nine acres on the west side of Quorum Drive and is currently under construction on 414 apartment units in Addison Circle. These additional units will bring the number of multi-family homes in Addison Circle to approximately 1,700 units. Airport Washington-Staubach became the operator of the Addison Airport in January 2001. This new arrangement for the Town-owned airport has opened up a new era and is setting the stage for the fulfillment of Addison's master plan for airport growth, renovation, revitalization, and redevelopment. For additional airport information please click here. Hotels Addison has 22 hotels with over 4,000 rooms. Addison's hotels offer something for every traveler, with facilities ranging from full-service hotels, featuring restaurants and meeting facilities to extended stay hotels for the long-term corporate traveler. |



