Posted Sep 17, 2025, 12:49 PM
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FYHA
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,673
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The Ion
https://www.bizjournals.com/houston/news...e-the-arc-ion-new-research-building.html
Quote:
Rice Real Estate Co. reveals plans for new 200K-square-foot building in Ion District
Ken Jett first confirmed that the Ion district would add a second incubator building during a June interview with the HBJ.
By Jeff Jeffrey – Senior reporter, Houston Business Journal
Sep 16, 2025
Updated Sep 16, 2025 2:12pm CDT
Rice Real Estate Co., the real estate development arm of Rice University, has unveiled plans to add a new 200,000-square-foot research, laboratory and office facility to its innovation district in Midtown.
The Arc at the Ion District, which is being developed in partnership with Dallas-based Lincoln Property Co., aims to build upon the district’s capabilities as a hub for innovation, Rice Real Estate co. said Sept. 16.
The Arc will join the original Ion building at 4201 Main St., which is now over 90% leased to such tenants as Chevron, Microsoft, Aramco, Baker Botts, Exxon Mobil, Oxy, BP, Shell, United, Transocean and Woodside Energy, as well as leading startups and investors such as Persona AI and Liongard.
Rice Real Estate Co. said the Arc, which will share a plaza with the Ion, will be purpose-built to accelerate the transition of ideas from the lab to the marketplace and support a broad spectrum of research and enterprise activities.
The Arc appears to be planned for a current parking lot next to the Ion.
Construction on The Arc is expected to begin in the second quarter of 2026 and be complete in the first quarter of 2028. Preleasing opportunities are now open, Rice said. Gabe Lerner, executive vice president at Lincoln Property Co., and Scott Irby, director at Rice Real Estate Co., are handling the leasing.
The Arc’s lead tenant will be Rice University, which will occupy about 30,000 square feet of the building’s office and lab space.
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Website: https://www.thearciondistrict.com/
Renderings and information from that site
It also sounds like the Theater Under the Stars (TUTS) site in the Ion District may be moving ahead soon. Their website is up now: https://tutsattheiondistrict.org/
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