In 2020 and 2021, a project competition was held for the design of the new library. The jury included representatives from Akademiska Hus, the University of Gothenburg, the City of Gothenburg and Architects Sweden. The winner, which was announced on 1 June 2021, was the Danish architectural firm Cobe and their proposal Kunskapens fyr.
In 2023, a new investigation was started to determine the possibility of meeting the needs of the University Library at the University of Gothenburg in existing buildings and thus reducing new construction within the project. The investigation is expected to continue until autumn 2024. The project is still in its early stages.