The building that once housed Creighton's Phi Kappa Psi Fraternity will be demolished.

The national organization and Creighton University suspended the fraternity after a pledge claimed he was the victim of hazing. The building at 36th and Farnam has started to show signs of neglect.

WOWT 6 News has learned Clarity Development has purchased the property. The company plans to tear down the building and construct a mixed-use project.

It will include 112 apartments and about 12,000 square feet of commercial space. The $22 million project should get underway by late fall.

Clarity Development hopes to have the project complete by the spring of 2019.