LOUISVILLE, Ky. (WHAS11) – The University of Louisville is moving forward on plans to rebuild on the site of the old Crawford Gym.

Officials hosted a groundbreaking on an $80 million, 150,000 square-foot academic building and showed renderings of the building.

The building will include 17 classrooms, lab rooms for all of the basic sciences and an area for a teaching academy.

“We decided that based on the 21st-century university plan that our university community had built over a 2-year period that a focus on students and their success was what this building was going to be about,” Neil Pinto, acting university president said.

University-issued bonds approved by the General Assembly will pay for the building.

Construction is expected to be ready for the start of the 2018 fall semester.