TISHOMINGO, Okla. (KTEN) — The historic Chickasaw Hall on the campus of Murray State College will soon have a new purpose.

The federal Economic Development Administration awarded a $2.7 million American Rescue Plan grant to the school to renovate the three-story building into an 11-room hotel.

"Thanks to the generosity of the Economic Development Authority and the Chicksaw Nation, as well as some contributions here at the college, we are going to make it into a boutique hotel that will be a living laboratory for all of our students," said MSC president Dr. Tim Faltyn.

The hotel is expected to create more than 200  jobs and will provide students with a real-world education in the hospitality industry.

"This EDA investment will support travel and tourism in Tishomingo and create good-paying jobs for the region," said Commerce Secretary Gina Raimondo in a written statement.