Why universities are fighting for these 7 acres in southern Florida

In the booming South Florida city of West 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. The private university’s effort to build a graduate school at a nexus point on South Florida’s current property and business boom offers a lesson in the real estate value of education, and the...