The Ursuline Sisters of Cleveland hosted a ceremonial groundbreaking for a new residence earlier this week.

According to a release, the group's current home's $1 million annual maintenance costs "are not sustainable in the long run," moving them to construct a new residence.

Seventy sisters will live in the new three-story building.

The building will cost roughly $20 million, officials said.

They've launched a capitol campaign titled 'Bold Faith | Building a Future.'

"Our new residence will provide appropriate and safe space for the sisters to live together and to continue the Ursuline ministry throughout the community,” Sister Susan Durkin, OSU, President of the Ursuline Sisters of Cleveland, said in a statement. “This is an emotional but necessary move as we plan for our future, and we’re excited to take this bold step to create a bright future not only for the sisters, but also for the residents of Pepper Pike and for those we serve.”

The home is expected to be completed by next fall.

Find out more information by visiting the group's website.