Why universities are fighting for these 7 acres in southern Florida

As more young, affluent families move to Palm Beach, Florida, universities are eyeing the city as a next-gen educational hub.

In the booming South Florida city of Palm Beach, downtown real estate represents an asset of increasingly rising value. But one stretch of unused land—a seven-acre plot set to be the future home of a satellite campus of Vanderbilt University—might just be one of the most valuable of all.