J. Small Investments, in partnership with Lyda Hill Philanthropies, has unveiled plans for Pegasus Park, a 23-acre, mixed-use office campus designed to bolster local biotech, social impact, and corporate innovation. The development will feature four components: a biotech “plus” hub, a social impact hub, entertainment/dining venues, and commercial tenants.
The North Texas Biotech Hub is a key component of Pegasus Park. The envisioned Biotech Hub will offer approximately 37,000 sf of premium, flexible lab, training, and office spaces dedicated to life science innovation. The project will provide tenant-driven services and cost-effective month-to-month leases for science and tech entrepreneurs.
A community of social impact, nonprofit, and philanthropic tenants, dubbed Water Cooler, will offer 150,000 sf of flexible office space for collaboration and problem solving. Nonprofit Water Cooler tenants will receive subsidized rent, access to philanthropic funds for furniture and infrastructure, and free or low-cost amenities and services designed to accelerate their respective missions.
See Also: Never waste a crisis
Entertainment, dining, and services will include a local craft brewery, taproom, accompanying restaurant and beer garden; an onsite cafe offering catering and grab-and-go selections; and an indoor/outdoor lounge serving cocktails and coffee that will be open to the public.
Finally, approximately 550,000 sf of modern renovated office space will be available to commercial tenants.
The interior and exterior areas of Pegasus Park will be designed with flexibility to accommodate social-distancing, high-level cleaning protocols, and the latest technology to protect tenants and visitors.
GFF is designing the project with Scott + Reid as the general contractor. The project is slated to open in early 2021.
Related Stories
Multifamily Housing | Jul 15, 2021
Greystar’s The Pullman is a new mixed-use apartment community in Denver
The Mulhern Group designed the project.
Mixed-Use | Jun 30, 2021
Design details released about new development in Seattle’s vibrant Belltown district
Connecting the building, called Archetype, to the street, neighborhood, and bay is a key imperative.
Mixed-Use | Jun 21, 2021
Design team of Gensler and Manning selected to design The River District
The mixed-use neighborhood will be built along the Mississippi River in New Orleans.
Mixed-Use | Jun 17, 2021
London’s former Old War Office building set to become hotel and residences
The building had been closed to the public for over a century.
Mixed-Use | Jun 14, 2021
SB Architects and LandDesign unveil design for Rivana at Innovation Station
The development is located 25 miles west of downtown Washington, D.C.
Mixed-Use | Jun 10, 2021
Safdie Architects unveils design for ORCA Toronto
The project comprises nine towers in total.
Mixed-Use | Jun 7, 2021
Henning Larsen designs an active community hub for London
The project will be the firm’s first in London.
Mixed-Use | Jun 2, 2021
World’s tallest detached-core building completes in Shenzhen
Morphosis designed the project.
Mixed-Use | May 24, 2021
33-story glass mixed-use tower to rise in downtown Orlando
DLR Group is designing the project.
Mixed-Use | May 24, 2021
Olson Kundig unveils new mixed-use high-rise in Atlanta
The project is currently under construction along Atlanta’s BeltLine.
