Breaking Ground: Rice Business Expands with a $10 Million Building Addition
Rice University’s Jones Graduate School of Business is set to host a groundbreaking ceremony for a new 112,000-square-foot building that will cater to the school’s growth and the changing needs of the community. The new building will include modern classrooms, office spaces, dining areas, open gathering spaces, and facilities for private events. It will be seamlessly integrated with McNair Hall, the current home of Rice Business, enhancing the campus environment and fostering a collaborative culture.
Over the last five years, Rice Business has seen significant growth in its undergraduate business major, a 50% increase in MBA students, a 41% growth in faculty, and an increased cohort in the full-time MBA program, MBA@Rice, and hybrid MBA programs. This expansion has led to the need for additional space to accommodate the growing number of students and faculty.
The groundbreaking ceremony for the new Rice Business building is scheduled for Thursday, May 9, from 3-5 p.m., with the actual groundbreaking taking place around 3:50 p.m. The event will be held at Woodson Courtyard at Rice’s McNair Hall, with complimentary self-parking available in the Central Garage. Media interested in attending must RSVP with Avery Franklin, media relations specialist at Rice, at AveryRF@rice.edu or 713-348-6327. Architectural renderings will be provided to the media.
