LANCIUM TECHNOLOGIES BRINGS CORPORATE HEADQUARTERS TO THE WOODLANDS®
The Howard Hughes Corporation® (NYSE: HHC) today announced that Lancium Technologies Corp., an energy technology and infrastructure firm, will locate its corporate headquarters in The Woodlands®. The company will lease a full floor at The Woodlands Towers at The Waterway®, occupying 26,530 square feet at 9950 Woodloch Forest Drive.
The new corporate headquarters, anticipated to open in late spring 2022, will house executive, power trading and engineering offices for Lancium.
Lancium’s selection of the iconic, Class AAA office tower represents the second full-floor lease at 9950 Woodloch Forest Drive within the last 30 days, continuing the strong momentum for the 31-story office tower, which, along with the 32-story 1201 Lake Robbins Tower, overlooks the 1.8-mile, award-winning The Woodlands Waterway.
“As a leading company in the energy technology and infrastructure space, it made sense to locate our headquarters in The Woodlands—a community that is at the heart of the energy transition,” said Michael McNamara, co-founder and CEO of Lancium Technologies Corp. “The Woodlands is an ideal business community given the outstanding pool of talent, quality of life and amenities and will certainly be a draw as Lancium continues to grow and recruit from around the country.”
Located in the heart of The Woodlands Town Center overlooking The Woodlands Waterway, 9950 Woodloch Forest Tower is a LEED Silver Certified office building. With a focus on health and wellness, amenities include a two-story, 19,000-square-foot fitness center with a basketball court and a multi-purpose rooftop terrace spanning 33,000 square feet. The office tower features a 9,000-square-foot conference facility and is within walking distance to world-class shopping, dining and entertainment.
“We are extremely pleased that Lancium has selected The Woodlands for their new headquarters,” said Jim Carman, President of the Houston Region for The Howard Hughes Corporation. “This innovative infrastructure and technology development company continues our strong leasing momentum and joins the growing number of renowned businesses which have chosen to make their home in The Woodlands and provide to their team members with an ideal blend of urban amenities, an active outdoor lifestyle, and the opportunity to reside in the best community to live in America.”
The new Lancium lease follows the full-floor lease recently signed at 9950 Woodloch Forest Drive by NYDIG, the innovative bitcoin company. Both leases represent an expansion of businesses from Houston to The Woodlands.
Lancium was represented by Aradio Zambrano of Aradio Zambrano Real Estate Company. The Howard Hughes Corporation was represented by Bob Parsley, Norm Munoz, Jillian Fredricks and Connor Duffy with Colliers.
About The Woodlands®
The Woodlands, a 28,500-acre award-winning master planned community located 27 miles north of downtown Houston, was recently recognized as the #1 Best Community to Live in America by Niche.com. The Woodlands offers an unprecedented 28% of green space, leading the way among master planned communities that practice environmental preservation. It is home to 119,000 residents, and over 66,000 people work in the community. The Woodlands has received numerous past accolades including the Vision Award, Development of Distinction from the Urban Land Institute; three-time honoree of “Master Planned Community of the Year,” four-time recipient of “Humanitarian of the Year” and “Trailblazer of the Year” in 2018 by the Greater Houston Builders Association; American Trails Developer Award; Environmental Planning Award from the American Society of Landscape Architects, Texas Chapter Houston Section. The Woodlands is a community of The Howard Hughes Corporation®, which supports over 180 local causes in the Houston region through its HHCares program. For more information, visit www.thewoodlands.com. For additional details, find us on Facebook, Twitter, and Instagram.
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; Ward Village® in Honolulu, Hawai?i; and Douglas Ranch in Phoenix. The Howard Hughes Corporation's portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. For additional information visit www.howardhughes.com.
Lancium is a technology company creating software, technical solutions and energy infrastructure that together are decarbonizing the grid. Lancium strives to be the leader in green, low-cost infrastructure that will power the next generation of cryptocurrency mining and other distributed energy-intensive applications. Its solutions help ensure that renewable energy can power our future. Lancium has numerous issued and pending patents. For more information visit www.lancium.com, and follow Lancium on Twitter and LinkedIn.