The University of Iowa is seeking permission from the Iowa Board of Regents to purchase the remainder of Old Capitol Town Center in downtown Iowa City. The university currently owns about 55% of the mall, and the proposal before the board is to purchase the remaining 45%.

The board will consider the request at its November meeting.

The university has provided notice to the mall’s ownership group of its intent to purchase the rest of the space, pending board approval, for $20.6 million.