DALLAS, February 4, 2026 —Dallas Area Rapid Transit (DART) was honored with four development projects as finalists in D CEO’s 2026 Commercial Real Estate Awards according to the publication.
The nominations include Buckner Station in Southeast Dallas, EVIVA Trinity Mills in Carrollton, Addison Junction, and Mockingbird Station in Dallas.
Mockingbird Station, Dallas: A mixed-use development including two multifamily communities, an office tower, a hotel, and a 500-space underground DART parking lot broke ground in January 2026 and will replace approximately 11 acres of DART-owned land currently used for parking. A new public plaza and sidewalks will connect DART transit services to the new development and the surrounding community. The first phase of this development – in partnership with Trammell Crow Company - is expected to be finished in 2027.
Buckner Station, Dallas: A partnership between DART, the City of Dallas, and Palladium USA, Palladium Buckner Station is a $107 million, 304-unit mixed-income apartment community currently under construction. Palladium Buckner Station residents will have direct access to DART light rail, bus, GoLink and paratransit services. Leasing is expected to begin later this year.
Trinity Mills Station, Carrollton: The first phase of EVIVA Trinity Mills, a 5-story, mixed-use development with a blend of residential and retail/restaurant spaces, was completed in 2025. The entire project is estimated to total $1 billion and will utilize 26 acres of City- and DART-owned land with Integral Group to include a public esplanade, office space, additional retail and residential space, and a planned hotel with direct access to DART transit.
Addison Junction, Addison: a planned $240 million mixed-use development to be built on Town- and DART-owned land surrounding the Addison Silver Line station will begin construction this year. Addison Junction, the result of a partnership between the town of Addison, DART, and Quadrant Investment Partners, will include offices, a hotel, entertainment, restaurants, and enhanced outdoor amenities.
Transit-oriented development (TOD) is an economic engine that drives tax and rent revenue. A recent report by the UNT Economic Research Group found that development within a quarter mile of DART light rail stations has generated $18.1 billion direct economic impact to North Texas over the past 25 years. This includes a $1.0 billion direct impact in the two years from 2022-2024.
The study also found that rent premiums in transit-oriented developments were 10% higher for residential and 12.6% higher for commercial rents than units more than half a mile from the station.
Construction around DART stations in 2022-2024 generated $51.5 million in state and local tax revenue, the bulk of which ($25.4 million) was from sales tax related to construction of the projects. In addition to this development-related sales tax, development around DART stations generated $21.1 million in property taxes, with $5.0 million in other state and local revenue from miscellaneous fees and fines.
About DART
Dallas Area Rapid Transit (DART) provides modern public transit services designed for fast, comfortable, and economical travel. The agency operates light rail, Trinity Railway Express, regional rail, bus routes, GoLink on-demand service, and paratransit, moving more than 171,000 passengers daily across a 700-square-mile, 13-city region including Addison, Carrollton, Cockrell Hill, Dallas, Farmers Branch, Garland, Glenn Heights, Highland Park, Irving, Richardson, Rowlett, Plano, and University Park.
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