$32M Pegasus Park ‘Bridge Labs’ Expansion to Get Start Next Month

Last month we told you about Bridge Labs, a $32 million, 135,000-square-foot lab and office expansion that was potentially coming to the Biotech+ Hub at Pegasus Park. Planning documents filed with the Texas Department of Licensing & Regulation now show that potential will become reality next month, when construction on the project is slated to begin.

According to marketing materials, Bridge Labs will offer “best-in-class” purpose-built shell lab space plus spec suites ranging from 4,526 square feet to 7,722 square feet. The spec suites being built will devote 60% of their square footage to open lab space, and 40% to functional office space.

Bridge Labs will feature institutional-quality life science specifications including upgraded power, HVAC, and gas service, per the marketing materials. Member companies can have the advantage of having access to approximately $4 million worth of state-of-the-art scientific equipment.

Chicago-based Perkins&Will, which has a large presence in Dallas, is the project’s architect. One building will be demolished to make way for Bridge Labs. Another building will be renovated and expanded.

The project is expected to be completed in 2024. You can learn more by reading our earlier story here.

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R E A D   N E X T

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