Vanderbilt offers first glance at proposed West Palm Beach business school campus

Vanderbilt offers first glance at proposed West Palm Beach business school campus

Vanderbilt University, which hopes to raise $300 million to help fund a business school project in downtown West Palm Beach, served up a small portfolio of renderings Monday that shows how 7 acres of donated public land would be used for the project.

Last fall, commissioners for the City of West Palm Beach and Palm Beach County each voted to grant the Nashville, Tennessee-based university 2 and 5 acres respectively that would be the South Florida home of Vanderbilt’s Owen School of Management.

This rendering shows an aerial view of the proposed West Palm Beach campus of Vanderbilt University. (Vanderbilt University/Courtesy)
This rendering shows an aerial view of Vanderbilt University’s proposed West Palm Beach campus. (Vanderbilt University/Courtesy)

Now, Vanderbilt has embarked on a campaign to raise $300 million to help pay for the $520 million project, which has wide support from the private sector and local elected officials. The school’s release of the renderings “aims to generate awareness and excitement for community philanthropic investment in the project,” the university said in a statement Monday morning.

“The images show that we are planning a unique learning and research environment that nurtures collaboration and innovation and is sustainable in all senses,” Vanderbilt Chancellor Daniel Diermeier said.

A tropical arboretum is envisioned to  showcase “a diverse array of indigenous South Florida species” including sea grape, gumbo limbo and buttonbush, according to the statement. “Visitors might expect to see slash pines reaching for the sky, vibrant Cherokee Beans adding splashes of color and the iconic sabal palm standing proud.”

The campus, designed by Elkus Manfredi Architects, would cover 300,000 square feet, a school spokesman said. The site is located at 386 S. Tamarind Ave, between Fern and Datura streets.

This rendering shows the view looking north to the Academic and Innovation building on the proposed West Palm Beach campus. (Vanderbilt University/Courtesy)
This rendering shows the view looking north to the Academic and Innovation building on Vanderbilt University’s proposed West Palm Beach campus. (Vanderbilt University/Courtesy)

Business school and innovation hub

Vanderbilt expects to serve nearly 1,000 students who would seek advanced degrees in business, finance, engineering and computer-focused fields such as artificial intelligence, data science, and computer science.

The innovation hub, the university said last October, “would connect local entrepreneurs with academic programming and research and create opportunities for collaboration with Vanderbilt faculty and students.”

Vanderbilt says it has made “strong progress” in its fundraising, gaining support from greater West Palm Beach and area Vanderbilt alumni.

Last spring, billionaire real estate developer Stephen Ross hosted a number of business and investing elites at his Palm Beach mansion to contribute to the cause, according to Bloomberg. Diermeier, the chancellor, reportedly attended..

A spokesperson for Ross’ company, Related Ross, declined comment when asked by the South Florida Sun Sentinel how much was raised at the gathering.

This rendering shows the view of the atrium at the Academic and Innovation building on the proposed West Palm Beach campus. (Vanderbilt University/Courtesy)
This rendering shows the view of the atrium at the Academic and Innovation building on Vanderbilt University’s proposed West Palm Beach campus. (Vanderbilt University/Courtesy)

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