Addison Circle

Addison, TX, United States

Project Description

Addison Circle is a residential driven mixed use development in the suburbs north of Dallas. The district interestingly integrates multifamily and townhouses within a compact block pattern and varied green spaces, including a major community park. Convenience retail and community services are well integrated into the district. Environmentally, the district scored reasonably well, with negatives being a lack of diversity to the overall mix of land uses and few mobility options. Socially, the area has a wide number of amenities, but levels of social networking are extremely low for the number of residents in close proximity. An increase in the number of events in the area could help improve these numbers. Financials are good, with the district outperforming the county in every metric we studied.

VALUE SCORE
Environment 28/33
  • The project core is 20.69 acres while the total project area is 109 acres.
  • Retail land uses occupy 10% of the project while residential land uses occupy 76.71% of the project.
  • The average FAR for the project is 1.5.
Social 25/33
  • The project doesn’t have continuing education facilities but it has health clinics.
  • On average people check-in here 39 times per month.
  • 16.67% of people check-in here in the AM, while 83.33% of people check-in here in the PM
Financial 31/33
  • Housing vacancies sit at 8.3%, a 4.4 percentage point increase from 2000.
  • Local commercial rents are approximately $17.7/S.F., a rate larger than the county by $1.9.
  • Income in the area has increased by $4,026 in the last ten years. In comparison, the regional income has gone up by $4,650.
OVERALL 84/100

Project Location

Project Address

4853 Addison Circle, Addison, TX 75001, USA

Score Comment

"Auto-oriented. Low Walk Score. Not diverse."

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