NexPoint, a multibillion-dollar alternative investment firm, announces plans for TxS District, a proposed 200-acre life sciences development in Plano, Texas. The project, named to signify Technology x Science, is designed to foster innovation and collaboration among companies and institutions across the life sciences sector.
The project centers on the 91-acre main campus, which previously served as headquarters for Electronic Data Systems (EDS). The district would incorporate 109 additional acres in the Legacy neighborhood. In total, the project would create more than 4 million square feet of lab, office and therapeutic production space across four phases of construction.
Phases one and two propose transforming two existing buildings on the main campus into 970,000 square feet of world-class lab and office space and 120,000 square feet of amenity space. Initial site improvement plans also include a public park, an amphitheater and connectivity to the nearby Legacy reta