Drury University has opened a $27 million academic facility on its Springfield, Mo., campus—the school’s first new educational building in 20 years.

The Springfield Business Journal reports that the C.H. “Chub” O’Reilly Enterprise Center and Breech School of Business Administration and Judy Thompson Executive Conference Center is a 67,348-square-foot structure that officials are dubbing OBT--an acronym combining O’Reilly, Breech and Thompson. It is set to begin hosting classes in January.

The three-story Enterprise Center—now the tallest building on campus at 62 feet—has 11 classrooms, 46 faculty offices, and a 12,000-square-foot conference center. It will house the Breech School of Business, as well as political science and international affairs, computer science and mathematics, the Robert and Mary Cox Compass Center, the Meador Center for Politics and Citizenship, and high-tech collaborative spaces.

The architects are Cooper Robertson and Trivers, and the contractor is Nabholz Construction.