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
Mixed-Use | Jul 14, 2020
Apartments and condos occupy what was once a five-story car dealership
Wisznia | Architecture+Development designed, developed, and is managing the project.
Mixed-Use | Feb 21, 2020
SB Architects to design Fort Lauderdale’s FATVillage mixed-use destination
The project will build upon the existing FATVillage Arts District.
Mixed-Use | Feb 14, 2020
Kenya’s Pinnacle Tower will be the tallest tower in Africa
ArchGroup Consultants is designing the project.
Mixed-Use | Feb 13, 2020
1010 On-The-Rhine creates a walkable destination in Cincinnati
GBBN designed the project.
Sustainability | Feb 12, 2020
KPF unveils The Pinnacle at Central Wharf, a high-performance, resilient tower
The project will reconnect Downtown Boston to the waterfront.
Mixed-Use | Feb 11, 2020
KTGY unveils designs for Downtown Superior’s Main Street mixed-use portion
The development will be built in Superior, Colo.
Mixed-Use | Feb 7, 2020
Rising to the occasion
Roof deck entertainment spaces are popular amenities that present engineering and code complexities.
Mixed-Use | Jan 27, 2020
Dubai’s One Za’abeel will have the world’s largest cantilever
Nikken Sekkei is designing the project.
Mixed-Use | Jan 17, 2020
RMJM designs conjoined, twisting towers in Hengyang, China
The towers will rise 580 feet.
Mixed-Use | Dec 18, 2019
BIG unveils River Street Waterfront Master Plan for Williamsburg
The project is a collaboration between BIG, Two Trees Management, and James Corner Field Operations.
