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Rice Is Breaking Ground on 200,000 Square Feet in Houston. It Only Needs 15% of It.

Rice plans The Arc in Houston’s Ion District, a $75 million research and office building with 170,000 square feet intended for outside tenants.

Rice Is Breaking Ground on 200,000 Square Feet in Houston. It Only Needs 15% of It.

Photo: Adrian Newell / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Rice University is putting up a 200,000-square-foot building. It plans to use about 15% of it. The university is set to break ground this week on The Arc, a research, laboratory and office building at 4151 Main St. in Houston’s Ion District, according to CRE Daily. The project is priced at $75 million, with construction scheduled to finish by March 2028. Rice will…

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