Five years ago, the University of Michigan shelved its plans to expand its Art and Architecture Building. Now, a bit further along on the country’s economic recovery, the University said this week it would build a $28 million addition.

University of Michigan’s Taubman College of Architecture and Urban Planning will be the primary tenants of the building, which U-M has tapped Integrated Design Solutions and Preston Scott Cohen to design. Located on U-M’s North Campus, it will also house the Penny W. Stamps School of Art and Design.

The new wing will be named for Alfred Taubman, the architecture college’s namesake, who donated $12.5 million toward the addition.

Plans for a $13 million, 16,300-square-feet addition were originally drawn up in 2007, but administrators scuttled that project after the financial crisis. Now with twice the budget, the design is hotly anticipated on campus.