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Dallas’ Pegasus Park getting new laboratory complex

​​DALLAS – A 135,000-sf laboratory complex is in development at Pegasus Park after receiving funding.

Bridge Labs will begin c​onverting an existing building into lab speculative suites and centralized lab services. They will also build a new building that will open in late 2024.

Oklahoma-based InterBank provided a five-year, $61.3 million construction loan. New York-based Nuveen Green Capital also funded the project with JLL Capital Markets arranging the financing.

The 26-acre Pegasus Park life sciences campus was developed by J. Small Investments and an affiliate of Lyda Hill Philanthropies and Montgomery Street Partners.​