INDIANAPOLIS - Butler University in Indianapolis will Friday dedicate the new $50 million building that houses the Andre B. Lacy School of Business.

The 110,000 square-foot building opened in August as the fall semester got underway. Butler says the Lacy School of Business has grown its enrollment by 60 percent in the last five years which is one reason why Butler constructed the new building.

The yet-unnamed facility is six times larger than the Holcomb Building, where the business school was previously located.

While the building has already opened, the university continues its fundraising efforts as it seeks to name the structure.