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$4B life sciences project in North Texas suburb gets go-ahead
WFAA writes:
“The $4 billion project is expected to create 30,000 jobs in Plano.PLANO, Texas — This article was originally published by our content partners at the Dallas Business Journal. You can read the original article here.
Plano City Council approved an economic development agreement between NexPoint and the city for the first phase of a forthcoming life sciences hub, located at the former Electronic Data Systems’ campus.
In its Aug. 26 meeting, council members unanimously voted to allow up to $15 million to support the $4 billion life sciences complex. It is expected to redevelop and breathe new life into an area in Plano’s Legacy, which was one the headquarters of Ross Perot’s information technology company, EDS.
Phase one of the 91-acre campus, dubbed the Texas Research Quarter as of May 2023, includes converting most of the main building and constructing a new pharmaceutical manufacturing facility. Dallas-based development company NexPoint Development Company LP acquired the site in 2018.”
Read more in the article below:
wfaa.com
$4B life sciences project in North Texas suburb gets go-ahead
The $4 billion project is expected to create 30,000 jobs in Plano.
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