Officials with Spalding University have announced plans to expand the campus after purchasing the Cosmopolitan Building in downtown Louisville.
Once renovations are complete the building will be renamed the Republic Bank Academic Center.
Spalding president Tori Murden McClure says the bank met the school nearly halfway to help pay the $700,000 purchase cost.
“We couldn’t afford the full purchase price and they helped us out and we’re going to turn it into a 40,000 square foot classroom, laboratory and office complex," she says.