HomeNewsPlans announced for development of TxS Life Sciences District in Plano, Texas

Plans announced for development of TxS Life Sciences District in Plano, Texas

A 200-acre TxS Life Sciences District in Plano, Texas, is set for development by the Alternative Investment firm, NexPoint.  The project will be built at the center of a former 91-acre EDS Campus, which NexPoint purchased in 2018. Since then, the Dallas-based developer has purchased the surrounding land at the Legacy property.

NexPoint’s President, Frank Zaccanelli said that Plano is the ideal location for the TxS District life science project. Therefore, he said the firm was hoping to partner with the City to transform the property into a thriving life science district. Zaccanelli also pointed out that the new life science project would bring high-paying jobs to the region.

Search for construction leads
  • Region/Country

  • Sector

Also Read Ancora to develop Rhode Island Health Lab project

Development plans for the TxS Life Sciences District in Plano

TTxS District will incorporate an additional 109 acres within the legacy neighborhood. Ultimately, the new additions to the property will create over 4 million square feet of lab, office, and production space. Construction on the life science district will be executed in four phases and phase I will break ground before the year ends.

Plans for the initial two phases of the TxS Life Sciences District in Plano will involve converting two existing buildings on the main campus. They will offer lab and office spaces spanning 970,000 square feet, and 120,000 square feet of amenity space. In addition, the initial site improvement plans on the property will include a public park and amphitheater. Its design also offers tenants connectivity to the nearby Legacy retail development.

NextPoint is currently working with the City on the development plans and TxS District’s impact on the surrounding area. The developer will also collaborate with CRB architectural and engineering services on all four phases of the project. Upon completion, JLL will handle the leasing arrangements on the property.

According to JLL’s Matt Daniels, TxS Life Sciences District in Plano will support life science companies at any point in their development process. Daniels mentioned that the project would serve them at the discovery, early-stage development, and commercialization stages of development.

Must Read

Arror and Kimwarer dams in Kerio Valley, Kenya

Four years after being halted, work on the Kerio dams, consisting of the Arror and Kimwarer dams, is set to resume. This comes after...

Construction of new homes for deportees in Rwanda launched

The foundation stone has been laid for the construction of new homes for deportees in Rwanda. According to Rwanda's Infrastructure Ministry, the project will have...

Plans approved for construction of 32-storey tower at Leadenhall Market in London

Plans have been approved for the construction of a 32-storey tower at Leadenhall Market in London. The Square Mile's "tourist appeal" will be boosted...

The Netherlands to build the world’s largest offshore hydrogen production plant

For the construction of the world’s largest offshore hydrogen production plant in the Netherlands, the Dutch government has selected an area. The area is...

Wildwood EDEN Village community construction well underway in Florida

Construction work is rapidly progressing on Wildwood Eden Village, a 130-unit single-family rental community in Florida. The development is taking place under a partnership...

Top construction companies in South Africa

Over the years, South Africa’s construction industry has faced challenges fraught with labor unrest, substantial delays on some of the country’s major construction projects,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here