NEW YORK -- One of Lower Manhattan's biggest residents is getting an upgrade. Pace University, which sits steps from the Brooklyn Bridge and City Hall, has unveiled its 2015-2020 Strategic Plan, Opportunitas: Embracing the Future.
"Pace University is proud to be a longtime anchor of the Lower Manhattan community," said University President Stephen J. Friedman. "Channeling our consistent growth and the transformation of the dynamic Lower Manhattan community, we are advancing an exciting plan that invests in our future by re-creating our campus to reflect the aspirations of our students.”
The long-term, $190 million plan will modernize and expand the Lower Manhattan campus and serve as the culmination of the University's evolution since its founding. The first phase will transform One Pace Plaza, the University’s flagship academic building adjacent to City Hall, and 41 Park Row, home of The New York Times from 1889 to 1903. Specifically, Phase One will involve a full redesign of One Pace Plaza’s first floor, lower level and courtyard entrance. The redesigned first floor will include a new welcome center, a new student center for hosting events, new student commons, collaborative learning spaces and a quiet study area. The new lower level will feature a branded entrance for the Lubin School of Business with dedicated student lounges, a student meeting room and a Lubin Learning Lab which will house innovative teaching and learning technologies.
Phase One will also involve a modernization of the lower levels of the landmarked 41 Park Row. The original entrance along Spruce Street, facing One Pace Plaza, will be restored. The first floor will house a new art gallery and new student commons. The second floor will contain an advising center, and new collaboration space for faculty and students.
The construction work on both buildings is scheduled to begin this summer and projected to finish in Fall 2018. FXFOWLE, the architectural firm which developed the master plan, is working with Pace to embrace the changing nature of downtown New York City and position current and future graduates for achievement and success.
“The plan responds to the needs of today’s learners, fosters an increased sense of community and encourages engagement," said Sylvia Smith, senior partner at FXFOWLE. "We focused on student-centric solutions to activate, reveal and connect spaces and places at Pace.”