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Construction begins on Pegasus Place redevelopment

DALLAS – J. Small Investments and Lyda Hill Philanthropies are redeveloping the 600,000-sf Pegasus P​​​​lace tower and surrounding 23-acre complex into a mixed-use office campus.

The project will include a conference facility, fitness center, food service operations, and outdoor areas with p​atios and walking trails.

More than 150,000 sf of offices will be earmarked for social-impact, nonprofit, and philanthropic tenants that will get subsidized rent. Another block will be set aside for biotech firms.

GFF is the architect. The general contractor is Scott + Reid.

Opening is set for early 2021.

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