Wealthy Florida residents and developers are looking to raise at least $300 million for Vanderbilt University to build a sprawling campus in West Palm Beach.
Billionaire developer Steve Ross hosted a reception at his Palm Beach mansion on Monday for Vanderbilt Chancellor Daniel Diermeier. Roughly $100 million of the goal has been committed contingent on conditions being met including securing the land, according to people familiar with the matter, who asked not to be named citing private discussions.
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