Project intelligenceTDLR TABS2023013594Renovation/Alteration
Funding type

This project is privately funded, on private land for private use.

Pegasus park Bridge Labs - Building 2/3 in Dallas, TX

3020 Pegasus Park Dr., Dallas, TX, 75247

Construction complete · Jul 2024Project Closed

Pegasus park Bridge Labs - Building 2/3 is a renovation/alteration project at 3020 Pegasus Park Dr., Dallas, in Dallas County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Construction complete (TDLR inspection passed Jul 2024). The project has an estimated value of $32.5M across about 135,000 sq ft.

Estimated project value
$32.5M
About this figure

Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.

Reported floor area
135,000 ft²
About this figure

Square footage reported for this scope of work. It may cover only part of a larger property.

Estimated cost / ft²
$241/sqft
About this figure

Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.

Scheduled duration
1y 3mo
About this figure

The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.

The project record

Project timeline

Explore filed milestones and scheduled dates. Open a milestone for its source.

Mar 8, 2023488 days across supplied datesJul 8, 2024

4 timeline dates shown.

  1. Project registered · TDLR filing

    Registration of the project with the Texas Department of Licensing and Regulation.

    Source: TDLR filing

    View source record
  2. Scheduled construction start · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    24 days after the preceding date shown.

    Source: TDLR filing

    View source record
  3. Project closed · TDLR filing

    The project record was closed in TDLR.

    464 days after the preceding date shown.

    Source: TDLR filing

    View source record
  4. Scheduled completion · Scheduled date

    A date supplied in the filing; this does not confirm that work started or finished.

    Same day as the preceding date shown.

    Source: TDLR filing

    View source record

📰About Pegasus park Bridge Labs - Building 2/3

Pegasus Park Bridge Labs Building 2/3 is a completed renovation and alteration project located at 3020 Pegasus Park Dr. in Dallas. The work involved renovating the existing Building 2 and demolishing Building 3 to construct a new addition in its place. The total estimated cost for this specific construction scope was $32,481,900, covering 135,000 square feet of work.

The project was privately funded on private land for private use. Pegaus Park LLC served as the owner and developer of record. Perkins&Will was the design firm of record for the project. Marcela Abadi Rhoads was the registered accessibility specialist associated with the filing.

The TDLR registered the project in March 2023. Construction began in April 2023. The scheduled completion date was July 2024. TDLR closed the project file in July 2024, which marks the end of the accessibility review process for this construction. The project is now marked as Project Closed in the TDLR records.

Project Scale and Cost Context

The estimated cost of $32,481,900 places this project above the county median for renovation and alteration filings in Dallas County. The median estimated cost for similar filings is $248,000. The scheduled build window for this project was 464 days, which is longer than the county median of 92 days. The cost per square foot was $241, which is above the county median of $72 per square foot.

Perkins&Will has other TDLR-registered projects in Texas. These include Procore Tower in Austin, Medical City Dallas Hospital in Dallas, 5 Houston Center in Houston, Domain Tower II in Austin, and 901 E. 6th Street in Austin. The total value of these other registered projects is $133,025,000. This project is part of a broader portfolio of work by the design firm in the state.

The site is located in Dallas County. The ZIP code 75247 has a population of about 833 people according to U.S. Census ACS 2023 five-year estimates. The median household income in this ZIP code is $20,274. There are 338 housing units in the area. The Dallas County unemployment rate in July 2026 was 3.3 percent, higher than a year earlier.

Project Closed

Project has been completed and closed

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Pegasus park Bridge Labs - Building 2/3 is a Renovation/Alteration project located at 3020 Pegasus Park Dr., Dallas, TX 75247 in Dallas, Texas. The project has an estimated value of $32.5M covering 135,000 sq ft. Pegaus Park LLC, is the property owner and Perkins&Will is the design firm of record. The project was registered with TDLR on March 8, 2023.

Frequently Asked Questions

Is the Pegasus Park Bridge Labs Building 2/3 construction finished?

Yes, the TDLR closed the project file in July 2024. This marks the end of the accessibility review process. The project status is listed as Project Closed in the records.

What was the total cost of the renovation?

The estimated cost for the renovation and alteration work was $32,481,900. This covered 135,000 square feet of construction scope.

Who was the design firm for this project?

Perkins&Will was the design firm of record. They also have other TDLR-registered projects in Texas, including work in Austin and Houston.

Where is the project located?

The project is located at 3020 Pegasus Park Dr. in Dallas, Texas. It is in Dallas County and is outside the FEMA floodplain zone X.

What type of work was performed?

The work involved renovating Building 2 and demolishing Building 3 to build a new addition. This is classified as a renovation and alteration project.

What is Pegasus park Bridge Labs - Building 2/3?

Pegasus park Bridge Labs - Building 2/3 is a renovation/alteration project at 3020 Pegasus Park Dr. in Dallas, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: Building 2 will be renovated. Existing building 3 will be demolished and a new addition to building 2 will be provided in place.

Is Pegasus park Bridge Labs - Building 2/3 open in Dallas?

Construction on Pegasus park Bridge Labs - Building 2/3 is complete — TDLR records show the project passed its required accessibility inspection in Jul 2024. The building is finished and very likely open.

Where is Pegasus park Bridge Labs - Building 2/3 located?

Pegasus park Bridge Labs - Building 2/3 is located at 3020 Pegasus Park Dr., Dallas, TX, 75247, in Dallas County.

Who is the owner or developer of Pegasus park Bridge Labs - Building 2/3?

Pegaus Park LLC, is the property owner/developer of record for Pegasus park Bridge Labs - Building 2/3, per its TDLR project registration.

Who is the architect or design firm for Pegasus park Bridge Labs - Building 2/3?

Perkins&Will is the design firm of record for Pegasus park Bridge Labs - Building 2/3, according to its TDLR filing.

How much does Pegasus park Bridge Labs - Building 2/3 cost and how big is it?

Pegasus park Bridge Labs - Building 2/3 has an estimated construction value of $32.5M and approximately 135,000 square feet (about $241/sqft), based on its TDLR filing.

Scope of Work

Building 2 will be renovated. Existing building 3 will be demolished and a new addition to building 2 will be provided in place.

Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.

Location & views

3020 Pegasus Park Dr., Dallas, TX, 75247

Location by street address

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