Vanderbilt University Proposes $520M Campus in Florida

Vanderbilt University has proposed a $520 million graduate campus in West Palm Beach, aiming to establish a hub for artificial intelligence, data science, and business programs. The campus would span 300,000 square feet, accommodating 1,000 students and over 100 faculty, with local officials expressing strong support for the initiative, viewing it as a potential economic catalyst for the area. The university plans to invest heavily in academic buildings, student housing, and parking facilities, with an anticipated annual operating cost of $100 million. Local leaders, including West Palm Beach's mayor and business development officials, have highlighted the project as a pivotal moment for the city's future, comparing its potential impact to that of Stanford University on Silicon Valley. Additionally, the project is expected to create around 900 jobs, contributing to a more resilient local economy. The proposal is currently under consideration by the city, with discussions about land donations and economic implications ongoing.