Pace officials say it will coordinate all educational programs and services at the complex and plans to be up and running by the fall of this year. The university has campuses in New York City, Pleasantville and White Plains.

"The New York International Plaza at Stewart Airport will provide Pace with the exciting opportunity to help strengthen the growing economy of the Hudson Valley by helping to ensure that the region will have a knowledgeable and skilled workforce," said Pace University President David A. Caputo.

He continued, "As part of an educational consortium that Pace will chair, we will develop a University Center and provide customized programs for business and industry in addition to more traditional programs in English language and computer science." The University Center will include a reception area, administrative offices, a computer lab and five classrooms.