Texas Medical Center (TMC) and Beacon Capital Partners (Beacon) announced today that Baylor College of Medicine (BCM) will serve as an anchor tenant of the Dynamic One building at TMC Helix Park. Dynamic One, the first of four TMC Helix Park industry buildings, developed by Beacon in collaboration with Zoë Life Science, topped off the North Tower in December 2022 with a scheduled Q4 2023 opening.
"Beacon is excited that Dynamic One will be our first entry into the fast-growing Houston Life Science market," said Fred Seigel, president and CEO of Beacon. "This state-of-the-art environment is designed to enable and encourage collaboration and will greatly accelerate the innovative lifesaving discoveries that emerge when industry and academic research work side-by-side."
The North Tower of Dynamic One is an integral component of TMC Helix Park, a world-class life science campus that will unite the best minds in medicine, science, academia, and commerce. Currently under construction, TMC Helix Park will include more than 5 million-square-feet of developed space across 37-acres, with more than 18-acres of public green space. In addition to Dynamic One, Helix Park will welcome the opening of the TMC3 Collaborative Building, a leading-edge joint research facility, in 2023.
Dynamic One will deliver on Beacon's promise to create an inspiring discovery space that also includes hospitality, programming, retail, and amenities. The 355,000-square-foot building will blend commercial life sciences and curated retail with affiliated academic and healthcare institutions, creating space to push the boundaries of human potential.
"Baylor College of Medicine moved to Houston in 1943 and was the first institution built in the Texas Medical Center. Our researchers and scientists will have the opportunity to access the uniquely concentrated research environment being developed at TMC Helix Park, facilitating the continuing advancement of innovation and compassionate care," said Dr. Paul Klotman, president, CEO and executive dean of Baylor.
As an anchor tenant of Dynamic One, Baylor College of Medicine will lease 114,000 square-feet of lab and office space, increasing the depth and breadth of its research capacity. Baylor's goal with this expansion is to concentrate highly innovative labs, focused on novel diagnostics and therapeutics for instance, with space to house start-up companies. Baylor is the No. 1 NIH-funded institution in the TMC and in the State of Texas and Baylor's goal is to continue to grow its research portfolio, industry partnerships and collaborations, as well as entice newcomers to join in the life sciences growth in Houston.
"Baylor College of Medicine is a major force in life sciences discovery and commercialization at TMC. Their move to TMC Helix Park will serve as a catalyst for enhanced collaboration with TMC's other esteemed Institutions, as well as with industry leaders from around the world," said Bill McKeon, president and CEO of TMC.
