Bridge Labs at Pegasus Park Aims to Boost the Region’s Burgeoning Life Sciences Ecosystem

The life sciences ecosystem in Dallas has gotten a boost with the announcement of plans for the development of Bridge Labs, the next phase of Pegasus Park in Dallas by J. Small Investments, Montgomery Street Partners, and an affiliate of Lyda Hill Philanthropies.

The expansion at Pegasus Park, a regional hub for life sciences and biotechnology in North Texas, involves the renovation of two existing, adjoining buildings on campus. Developers said demolition is underway and construction is set to begin soon.

The facility will feature 135,000 square feet of purpose-built research and development space, developers said. Bridge Labs is adjacent to the 37,000-square-foot BioLabs facility that opened in 2022 and will feature the first institutional-quality, non-incubator space in the region with best-in-class specifications such as upgraded power, HVAC and gas service, and state-of-the-art laboratory amenities and shared spaces.