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
High-rise Construction | Mar 24, 2015
Timber high-rise residential complex will tower over Stockholm waterfront
The four towers, 20 stories each, will be made entirely out of Swedish pine, from frame to façade.
Mixed-Use | Mar 13, 2015
Dubai announces mega waterfront development Aladdin City
Planned on 4,000 acres in the Dubai Creek area, the towers will be covered in gold lattice and connected via air-conditioned bridges.
High-rise Construction | Mar 11, 2015
Must see: Firm proposes skyscraper with a ‘twist’ in downtown Tulsa
Tulsa, Okla.-based architecture practice Kinslow, Keith & Todd released renderings of a skyscraper concept that takes the shape of a tornado.
Modular Building | Mar 10, 2015
Must see: 57-story modular skyscraper was completed in 19 days
After erecting the mega prefab tower in Changsha, China, modular builder BSB stated, “three floors in a day is China’s new normal.”
Transit Facilities | Mar 4, 2015
5+design looks to mountains for Chinese transport hub design
The complex, Diamond Hill, will feature sloping rooflines and a mountain-like silhouette inspired by traditional Chinese landscape paintings.
Sponsored | | Mar 3, 2015
New York’s Fulton Center relies on TGP for light-flooded, underground transit hub
Fire-rated curtain wall systems filled this subterranean hub with natural light.
Sponsored | Shopping Centers | Feb 26, 2015
A color-changing gateway for Altara Center
Valspar works with developers to complete a multicolored shopping center façade in Honduras.
Industrial Facilities | Feb 24, 2015
Starchitecture meets agriculture: OMA unveils design for Kentucky community farming facility
The $460 million Food Port project will define a new model for the relationship between consumer and producer.
Office Buildings | Feb 18, 2015
Commercial real estate developers optimistic, but concerned about taxes, jobs outlook
The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.
Mixed-Use | Feb 13, 2015
First Look: Sacramento Planning Commission approves mixed-use tower by the new Kings arena
The project, named Downtown Plaza Tower, will have 16 stories and will include a public lobby, retail and office space, 250 hotel rooms, and residences at the top of the tower.