NexPoint envisions a $3 billion life sciences campus in Plano, with the city’s help

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NexPoint envisions a $3 billion life sciences campus in Plano, with the city’s help
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Plano leaders and NexPoint are holding early discussions on the potential for a public-private partnership to turn a massive vacant office campus into a...

Many of the buildings in NexPoint’s renderings conjure up a futuristic vibe.

Helping with the economic aspects of the project is Ray Perryman, president and CEO of the Perryman Group. His Waco-based company has worked on major development initiatives all over the world in his 40-year career. “Many years ago, the EDS campus put Plano and the Dallas-Fort Worth area on the map as a global force to the emerging electronics industry,” Perryman said in an email. “NexPoint’s redevelopment of this iconic location can do the same thing in a newly exploding sector – greatly enhancing the area’s position in the burgeoning life sciences and bioscience manufacturing industries.

The company, founded in 2012, serves as adviser to four publicly traded real estate investment trusts. It also manages other alternative investment vehicles outside of its real estate offerings.

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