Medium-sized cities always have one of these, and it usually suffers the same fate. It closed in 1966. And then:

Late that year, the College of Emporia stepped in, converting the building into a “Downtown Campus Center” with offices and student housing. The building was used as a dormitory until 1972, when declining enrollment forced them to abandon them, and the first floor as offices until 1974, when the college closed. In that year, the school sold the building to the Broadview Towers, Inc. for re-development. The building, renamed Broadview Towers, became one of the nation’s first FHA senior housing projects.

They always end up as old-folks' homes.

Curious how they mayled the building in the name of modernization? Look at this, if you dare.