DMN: NexPoint To Redevelop Dallas’ Cityplace Tower with Hotel, Apartments by 2025

by | Aug 23, 2023
Dallas-based NexPoint plans to convert eight floors of the 42-story Cityplace Tower into rental apartments at a cost of $61.5 million, according to the Dallas Morning News. That will be in addition NexPoint's development of a 222-room hotel and conference center at Cityplace, a $136.2 million project that was announced in 2020 but delayed by the pandemic.
The Last Word: Frank Zaccanelli on Renaming NexPoint’s Plano Life Sciences Project the ‘Texas Research Quarter’
by | May 19, 2023
In February, Dallas-based multibillion-dollar alternative investment firm NexPoint revealed plans and renderings for a proposed 200-acre life sciences development in Plano that could eventually create over 4 million square feet of lab, office, and therapeutic production space. At the time, the working title for the development was the TxS District, short for Technology x Science. But today NexPoint announced that the project has been renamed as something bigger and bolder: the "Texas Research Quarter," or TRQ.
Dallas-Based NexPoint Expands Life Sciences Real Estate Footprint with Lab, Distribution Properties
by | May 18, 2023
The multi-billion investment firm’s two-property industrial deal in Philadelphia builds on its commitment to grow in the “critical sector.” Closer to home, NexPoint recently unveiled plans for a massive life sciences district in Plano. The proposed 200-acre TxS development would be a "major economic catalyst" for North Texas, the firm’s founder said in February.
DRC Life Science Economic Development Guide Website
Dallas Regional Chamber Launches Life Science Recruitment Campaign
The campaign builds on the region's thriving tech sector as the foundation of Dallas-Fort Worth's growing biotech and life science ecosystem. “What we’re seeing now is the cumulative effect of convergence across industries—and that gives DFW an edge," says Mike Rosa, the DRC's economic development chief.

The DRC's new VP of Economic Development, Kelly Cloud, is spearheading efforts to attract startups and established life science companies to Dallas-Fort Worth.