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A handful of students stood outside Carrington Hall, which houses university administration, Monday afternoon holding signs of protest.
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The project will provide more space to lease out to corporate partners.
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The MSU Board of Governors announced their unanimous decision Friday afternoon after holding their fourth closed meeting.
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The special meetings follow the filing of a lawsuit by three Utah Tech employees, which names Missouri State University President Dr. Biff Williams as a defendant.
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Lawsuit filed against Utah Tech, current and former employees, including MSU President Biff WilliamsThe lawsuit, filed by Utah Tech's top attorney, second-in-command attorney and Title IX coordinator, alleges the three faced harassment and retaliation.
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Dr. Richard "Biff" Williams will take on the role of the 12th president of MSU on July 1.
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The Missouri State University Board of Governors special meeting Wednesday includes an update on the presidential search.
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Missouri State University's 11th president began serving in an interim role on June 27, 2011.
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Smart is finishing up his 12th year as president of the university.