University of Kentucky will convert apartment building to art space

From The Lexington Herald-Leader: University of Kentucky trustees have approved a plan to buy a loft apartment building to provide space for student art programs. from the decaying Reynolds Building to The University Lofts building, next to campus in Lexington, has 100,000 square feet of usable space, comparable to the Reynolds Building, the aging facility that now houses the art programs. The acquisition is budgeted at $6.7 million; renovation would cost another $8 million. The university had originally budgeted $17 million to revamp the Reynolds Building.