The Oxford Industries building in downtown, vacant since the company decamped to Midtown in 2012, is getting a new lease on life.

Located just south of The Office apartments, the building is being repurposed — not unlike its neighbor — for a new use. Cristo Rey High School, which currently operates from a converted three-story office building in Midtown, will find a permanent home downtown.

A year ago, developer Jim Cumming donated the $4.5-million building to the school, according to the Saporta Report. Since then, work has been underway to convert the dated office building into a state-of-the-art school in time for classes next year.

With 70,000 square feet spread across seven stories, the building is a major upgrade from the current school on West Peachtree Street. According to the school, the additional square footage will allow for specially equipped science labs, the expansions of after-school programs, and a new gymnasium building above a new concrete parking structure.

The school, which boasts an impressive graduation rate of 99 percent and a college acceptance rate of 100 percent, anticipates being able to serve more students once the building is completed.

A video released by the school shows work on the inside charging ahead. Meanwhile, construction has moved outside too, with the first two floors receiving a fresh facade treatment to spruce up the street appearance. The conversion is designed by Robertson Loia Roof.