Antioch University New England plans to relocate to downtown Keene in the coming years, the graduate school announced.

A letter of intent between Antioch and the University System of New Hampshire lays out plans for the graduate school to construct a new campus on Winchester Street, land owned by Keene State College.

Pending a binding agreement and approval from the USNH board of trustees, the new Antioch campus could open by spring 2024, according to the release.

In June, Antioch sold its campus at 40 Avon St. to Monadnock Family Services, a nonprofit community health center, and will lease back a portion of that building until construction of the new campus is completed.

The two-story building, planned to be built on Winchester Street, will replace two Keene State residence halls — Monadnock and Randall — that are no longer in use, officials said. The 40,000- to 50,000-square foot structure will house instructional space and connect to the Blake House, a Keene State property that will be renovated for Antioch faculty and administrative offices. — RYAN SPENCER/KEENE SENTINEL