MARGOLIES LAW OFFICE

About Addison, TX

Addison, Texas, a vibrant suburb north of Dallas, boasts a population of 16,263 as of 2021. Known for its thriving business district and diverse culinary scene, Addison occupies 4.4 square miles in Dallas County. The town's strategic location, just 14 miles from downtown Dallas, offers residents and businesses easy access to major metropolitan amenities while maintaining a distinct community identity.

Community Stability Indicators in Addison, TX

Addison demonstrates strong community stability with a robust housing market and steady population growth. The town's growth rate of 18.87% over the past decade outpaces Texas's 14.70% state average. Established neighborhoods, particularly those around Brookhaven Club Drive in the Vitruvian Park area, contribute significantly to residential stability. Addison's year-over-year market performance shows consistent positive trends, reflecting the area's economic resilience and attractiveness to both residents and businesses.

Heritage & Development in Addison, TX

While Addison itself lacks designated historic districts, it benefits from proximity to Dallas County's rich historical areas. The town's development focus lies in modern, mixed-use projects that blend seamlessly with existing infrastructure. Addison Circle stands as a prime example of successful new urbanism, integrating residential, office, and retail spaces. This approach to development reinforces community cohesion while promoting economic growth. Addison's planning strategies emphasize pedestrian connectivity and thoughtful integration with established community zones.

Established Nature and Longevity of Addison, TX

Addison's roots trace back to 1846, providing a solid foundation of community longevity. Over nearly two centuries, the town has evolved from its agricultural beginnings to become a dynamic suburban center. Despite rapid modernization, Addison maintains a strong sense of community through its diverse neighborhoods and public amenities. The town's historical narrative, coupled with strategic development initiatives, contributes to its established nature and appeal as a stable location for residents and investors.

Economic Landscape of Addison, TX

Addison's economic vitality is evident in its robust business sector, which includes over 180 restaurants and 22 hotels within its compact 4.4 square miles. The town's commercial real estate market remains strong, with a mix of office spaces, retail centers, and mixed-use developments. Addison Airport, the third-largest general aviation airport in Texas, serves as a significant economic driver, supporting local businesses and attracting corporate traffic. The town's proactive approach to economic development has resulted in a diverse and resilient local economy.