Rice Real Estate Company, in partnership with Lincoln Property Company, unveiled plans to develop a research, laboratory and office building in Houston. The new facility, named The Arc at the Ion District, will bring almost 200,000 square feet of modern, flexible research and development space to the Ion District. The Ion District is a 16-acre innovation hub in Houston’s Midtown, developed by Rice University.Â
The adjacent Ion building — now over 90% leased — includes tenants and corporate partners from Chevron, Microsoft, Aramco, Baker Botts, ExxonMobil, Oxy, BP, Shell, United, Transocean and Woodside Energy, as well as leading startups and investors such as Persona AI and Liongard.
Rice University will be a lead tenant at The Arc, occupying almost 30,000 square feet of premier office and lab space. Rice’s presence will focus on key fields of energy, artificial intelligence, data science, robotics and computational engineering.
Construction on The Arc is expected to begin in the second quarter of 2026, with completion in 2028.
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