A new 135,000-square-foot lab and office building may be coming to the Biotech+ Hub at Pegasus Park. The two-story expansion—Bridge Labs—would be located adjacent to the 37,000-square-foot BioLabs facility, which opened in 2022.
The Pegasus Park campus serves as an epicenter for North Texas’ life science ecosystem. The new building would offer “the first institutional-quality space” in Dallas-Fort Worth, according to new marketing materials from Pegasus Park and JLL.
Expected to be completed in the second quarter of 2024, Bridge Labs will feature institutional-quality life science specifications including upgraded power, HVAC, and gas service, per the document. Member companies can have the advantage of having access to approximately $4 million worth of state-of-the-art scientific equipment.
Purpose-built shell lab space plus spec suites
The materials, which were shared by BioNTX in a newsletter last week, said the project will deliver “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.
The building will have prebuilt lab amenities including a shared glass wash, autoclave, lab waste, and chemical storage areas. It also will have 100,000 square feet of shared amenity spaces on the 23-acre Pegasus Park campus, materials said.
The Pegasus Park campus can accommodate roughly 1 million square feet of future on-site development, according to the development.
Amenities appear abundant, too. Campuswide amenities and features include 16,000 square feet of conference space, outdoor meeting space with fire pits, monthly concerts and events, a state-of-the-art fitness center, 24/7 security, and access to fiber-optic data connectivity among other things.
Wellness features include adjacency to a city park with a walking path and pond, bike and scooter storage, access to yoga classes, and future on-site connections to the Trinity Strand Trail, the Katy Trail, and the Trinity River hiking and walking paths.
The life science ecosystem at Pegasus Park currently includes UT Southwestern, TAYSHA Gene Therapies, McKesson, Health Wildcatters, Colossal, ReCode, etiraRX, and BioNTX, per the document.
Pegasus Park also recently announced that SMU will open an Institute for Computational Biosciences at Pegasus Park’s biotech and life sciences hub. The institute its researchers will focus on bio scientific discoveries, leveraging tech and computational algorithms.
The story was updated on Tuesday, February 14, 2023, with updated information.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
Dallas-based alternative investment firm NexPoint has revealed details and renderings of its planned 200-acre TxS District, short for "Technology x Science." Centered on the former headquarters campus of EDS in Plano's Legacy development, the life sciences hub could eventually offer over 4 million square feet of lab, office, and therapeutic production space. "Not only would this project be a major economic catalyst for the region, but it would also establish North Texas as a leader in life sciences," says James Dondero, NexPoint founder and principal.
-
The North Texas biotech boom just keeps booming—and a new "DFW Life Science Snapshot" from JLL shows why. From the Biotech+ Hub at Pegasus Park to a string of accelerators to local universities, DFW Airport, and more, here's a deep dive into what's behind the boom. "We are showing up in the rankings and in the data," says Mike Rosa of the Dallas Regional Chamber. "It results in more opportunities and more looks for us."
-
Dallas' Lyda Hill has been named one of five recipients of the 2022 Carnegie Medal of Philanthropy. She shares the philanthropic spotlight with four other "forces for positive change," including country music legend Dolly Parton. An early donor of the research that led to the Moderna COVID-19 vaccine, Hill believes that "science is the answer"—and has chosen to donate the entirety of her estate to philanthropy and scientific research.
-
Co-founders Paul Stewart and Frank Murdock started up SkinStasis Skin Care earlier this year to meet "a big unmet need" in the cold sore/herpes virus field, where they say there's been "no real new pharmaceutical development" for over 20 years. Working out of BioLabs at Pegasus Park, they teamed up with Irving's Cosmetic Laboratories to launch NextLeap—which uses tranexamic acid to shorten the time to recovery of normal appearance to as little as 24 to 48 hours, the co-founders say.
-
Top North Texas healthcare and life science employers—including UT Southwestern, McKesson, Evolve Biologics, Texas Health Resources, and more—have already signed up to hire 1,100 biotech workers from the groundbreaking program. 27,000 workers have made Dallas-Fort Worth a Top 20 U.S. metro for life sciences companies. As the boom continues, they’ll need company. Here's how the grant will help Dallas College and other local higher ed institutions step up to provide it—and why a CEO at Lyda Hill Philantrhopies calls it a "game changer."
-
The Advanced Research Projects Agency for Health (ARPA-H) was established last month by the Biden administration with $1 billion in funding to advance biomedical and health research. Now it needs a home—and a Texas coalition is working hard to bring it to the Lone Star State. The Coalition for Health Advancement and Research in Texas—an alliance of hospital systems, research institutions, and chambers of commerce—is pushing Texas as the ideal site for the federal biotech agency, reports the Dallas Morning News. “We are ready, willing and able to work together to meet the science and bioscience needs of our nation and the world,”…
