The Heritage Foundation of Williamson County will be announcing this week that it is formally closing on the purchase of the O’More College of Design from Belmont University.

According to an email from the Heritage Foundation, it will hold a press conference at 2 p.m. Friday to make that announcement plus other related ones.

Located in downtown Franklin since founder Eloise Pitts O’More started the school in 1970, O’More College was acquired by Belmont University in June 2018 and moved its operations and classrooms to the Belmont campus in Nashville. In December, the Heritage Foundation officially exercised its option to purchase O’More and announced then its intention to close on the property during the first quarter of 2019. The nonprofit raised $5 million to buy the Abbey Leix Mansion and other buildings on seven acres at 423 S. Margin Street.

The Heritage Foundation plans to restore and rehabilitate the property into a multi-use campus with new educational offerings, publicly displayed collections and other components, to be announced, that it said will add to the economic vitality of the area.

Formed in 1967, the Heritage Foundation works to preserve the communities and cultural heritage of Williamson County. The organization considers the O’More restoration its largest project ever.