NexPoint's Life Sciences Project in Plano, Texas Renamed Texas Research Quarter

NexPoint's Life Sciences Project in Plano, Texas Renamed Texas Research Quarter

May 18, 2023 by PR Newswire

Key Facts

  • NexPoint, a multibillion-dollar alternative investment firm, today announced that its cutting-edge life sciences real estate project known as the "TxS District," a proposed 200-acre development in Plano, Texas, has been renamed the "Texas Research Quarter."
  • This focus echoes and complements NexPoint's own ongoing initiatives to further support and foster real estate development on behalf of the life sciences industry across the U.S.
  • The project will also have a significant impact on the local economy as it will generate nearly $3.8 billion in gross product and 38,405 job-years of employment in the Dallas-Fort Worth area.1 The TRQ is an integral part of NexPoint's continued push into real estate development in support of the life sciences industry.
  • NexPoint is based in Dallas, Texas and is part of a network of affiliates with expertise across the asset management and financial services spaces.

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