AUSTIN (KXAN) -- The historic O. Henry Hall is being sold from one university system to another. On Thursday, the Board of Regents of the Texas State University System (TSUS) approved the purchase of the historic landmark in downtown Austin, from The University of Texas System.
The 134-year-old building located at 601 Colorado St. once served as a federal courthouse and post office. The UT System took it over in 1968.
The building will be leased back to the UT System until the system completes construction of a new headquarters, which is anticipated in 2017.
TSUS's 24 full-time employees are currently spread across three state office buildings in downtown Austin. The acquisition of O. Henry Hall will allow TSUS to centralize its services under one roof.
- Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- The Latest: 4 injured after 2 trains collide in Kentucky
- Japan PM's approval ratings dive over land sale scandal
- China appoints US-trained central banker
- Tennessee loses, NC State headed to Sweet 16