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. . . Pace has long been in the area, but has increased its residential footprint over the past five years, opening new dormitories and expanding academic facilities. On deck for the 2015-2016 academic year: a new 34-story, 385-bed dormitory.
"Pace was once a local commuter school," said Bill McGrath, senior vice president of the university, but students "desire more of a residential experience then they did in the past."
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http://online.wsj.com/news/articles/SB10001424052702304691904579346982683135964