Graduates from Vanderbilt’s West Palm Beach campus will emerge with a world-class education, cutting-edge skills and hands-on experience, which will uniquely position them to meet the region’s growing demand for high-quality talent. A Vanderbilt campus in West Palm Beach will strengthen the local workforce, fuel economic growth and contribute to the area’s competitive edge in the global economy. Additionally, the campus aims to provide executive education and workforce development programs that local residents can access to enhance their skills and advance their careers.
The broader impacts of Vanderbilt’s research and collaborations with local government and businesses will include increased funding, job growth and entrepreneurial opportunities, benefiting the entire community. Vanderbilt commissioned a third-party economic impact report from the economic analysis firm TXP about the impact of this specific project. When adding together construction costs, annual university operations and the positive impacts to the local business environment Vanderbilt’s presence will provide, TXP estimates the campus will provide $7B in economic impact during the first 25 years and add around 35,000 new jobs.
Beyond the direct economic benefits, we envision the proposed campus will become an integral part of the Palm Beach Region. For more than 150 years, Vanderbilt has been woven into the fabric of Nashville, partnering with the community to drive meaningful progress. We have a proud history of local impact in Tennessee, and we are eager to build that same deep, mutually beneficial relationship with the Palm Beach region. Our presence will foster entrepreneurship, spur innovation and commercialization, and contribute to the overall development and vibrancy of the area.