Pace University pursues expansion in New York City

From The Wall Street Journal: Pace University in New York City is expanding as it moves to develop a distinct campus district in Downtown Manhattan. The university is developing additional student housing and launching other projects such as a new home for its performing-arts program which includes acting, musical theater and commercial dance. Planned projects include a 29-story 129,000-square-foot building that will serve as a residence hall for about 600 students. And a 24-story, 609-bed residence hall and retail space.