In May 1995, Grace College of the Bible became a university, re-branding to Grace University. Additionally, the university began offering more master's degree programs. In 1996, Grace University's oldest building, Old Main, previously known as Brownell Hall, was condemned by the City of Omaha. Brownell Hall was built in 1886 by the Episcopalian Church and underwent several ownership changes before being used as the campus of the current university. It was later demolished in 1997.