The two-story, multi-tenant facility was built in 2002 and underwent its latest renovation in 2022. The property is currently 92% leased to 19 tenants, including CU Medicine, which anchors the building, along with other well-established medical tenants.
The groundbreaking is scheduled for March 27, 2025, with construction expected to begin by the end of the first quarter of 2025. The new facility will feature 56 beds, an imaging center, diagnostic testing, a pharmacy, an outpatient center, dining options, and outdoor spaces.
Universal DX will establish itself at Bridge Labs within Pegasus Park, a 135,000-square-foot facility designed to support both emerging and established biotech companies as part of a broader biotech campus. An economic analysis predicts that Pegasus Park will generate $1.9 billion in annual gross product and create over 15,000 jobs in the Dallas area.
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