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Commercial Real Estate

The 15 Dallas Nonprofits Heading to Lyda Hill’s Water Cooler at Pegasus Park

From Big Thought to Social Venture Partners, these organizations will help fill the 175,000 square foot office.
Pegasus Park
Courtesy: Pegasus Park
The impressive list of tenants set to occupy Lyda Hill’s Water Cooler at Pegasus Park continues to grow. The shared space at the 23-acre Dallas mixed-use campus announced today a list of 15 nonprofits moving in.

“We are excited to soon welcome this impressive list of tenants to Water Cooler at Pegasus Park,” says founder Lyda Hill. “We have long believed that co-locating a diverse group of exceptional nonprofits could help advance inter-agency collaboration to solve some of the most challenging community problems.

“Water Cooler is about empowering nonprofits with state-of-the-art office facilities, along with resources and services designed to help them accelerate their impact. We are honored to provide the ingredients and cannot wait to see what they will do together.”

Renderings of the new space at Water Cooler in Pegasus Park

The nonprofit tenants include Aspire, Big Thought, Carson Leslie Foundation, Circuit Trail Conservancy, City Year; Education is Freedom, Grant Halliburton Foundation, Junior Achievement of Dallas, Keep America Beautiful, Leukemia Texas, Philanthropy Southwest, Social Venture Partners Dallas, Texas Trees Foundation, TexProtects, and The Trust for Public Land.

This group will be joining Water Cooler’s five founding tenants – Commit Partnership, The Dallas Foundation, The Draper Richards Kaplan Foundation, United to Learn, and Uplift Education. The Dallas Foundation and Uplift Education moved into their office spaces within Water Cooler at Pegasus Park in the summer of this year.

Many of the organizations work on a national, regional, and statewide scale and focus on key issues spanning from environmental preservation to social justice.

The majority of the nonprofits will move to Pegasus Park in early 2022.

The 2021 recipient of D CEO’s commercial real estate community impact award, Pegasus Park is the result of J. Small Investments and Lyda Hill Philanthropies partnership to reinvent the 23-acre former Mobil Oil Corp. campus into a scientific and community hub. 

Pegasus Park will act as a breeding ground for innovations in biotechnology, advancing Dallas’s image as a leader in medical advancements. 

Spread across 750,000 square feet, the campus will contain several key components, including the biotech-plus and social impact hubs, commercial tenants, and several dining and entertainment venues. 

Approximately 175,000 square feet of space spanning five floors in the main 18-story tower on Pegasus Park’s campus is dedicated to Water Cooler.

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