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West Palm Beach has long been celebrated for its excellent weather, sandy beaches, and upscale shopping and dining. However, it will likely soon be recognized for something else: a college town. West Palm Beach has recently unveiled a new plan to open an expansive campus in collaboration with Vanderbilt University. This exciting shift is set to bring many students to the city. Modern rental condo buildings positioned near the new campus are poised to serve as the new centers of gravity for this college-town transformation.
West Palm Beach has been considering adding a new campus for some time. After extensive negotiations and planning, in 2024, the city unanimously approved a land deal selling seven acres of downtown West Palm Beach to Vanderbilt University, one of the South’s premier higher education institutions. While Vanderbilt University is based in Nashville, this expansion into South Florida will mark a significant development for both the university and the city.
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Vanderbilt has unveiled renderings of its vision for this exciting new development. Although the university is still in the fundraising phase, the goal for the campus is clear. The cutting-edge institution is expected to host around 1,000 graduate students in business and technology programs. The design will incorporate the iconic elements of the Nashville campus while embracing South Florida’s tropical landscape with abundant greenery.
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This change promises to transform downtown West Palm Beach. While the campus will only accommodate around 1,000 graduate students, it is expected to be a major development that will attract young professionals and students to the city. Many condo developers are already taking note, as this shift provides an excellent opportunity for modern rental condominiums in the area to appeal to new residents. One of the primary developments poised to benefit is Lumaire.
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Lumaire is a luxurious new residential tower set to rise 23 stories above downtown West Palm Beach. The location is ideal for those attending the new campus, with convenient access to downtown, key transportation hubs, and essential amenities.
Lumaire will offer residents a variety of units, ranging from studios to three-bedroom homes. The property will provide stunning views of the surrounding cityscape and nearby waterways, with sun-drenched residences featuring expansive floor-to-ceiling windows. The building is designed to foster a strong sense of community, blending seamlessly into the area’s vibrant fabric, and is within walking distance of pleasant parks, shopping hotspots, and high-end dining options.
Residents of Lumaire will enjoy a suite of high-end amenities that set the building apart from others. With more than 40,000 square feet of indoor and outdoor spaces, Lumaire offers a resort-like feel. In addition to a state-of-the-art fitness center, the building will also feature a pickleball court, a bocce ball court, and an incredible multi-sport simulator. Lumaire also features an outdoor terrace with grills and a dining area, as well as a luxurious pool and a ground-floor coffee shop. These amenities enhance the building’s communal atmosphere, making it ideal for young professionals and graduate students.
Lumaire is not the only high-end condo development targeting graduate students and university professionals. The Laurel is another premier new development offering a range of amenities in an ideal location, designed to meet the needs of the growing student and professional community in West Palm Beach.
West Palm Beach is undergoing a rapid transformation, with numerous businesses flocking to the city. South Florida is experiencing a surge of new investment and economic interest, and West Palm Beach is well positioned to benefit. With the establishment of the downtown Vanderbilt campus, one of the country’s most prominent universities is set to make its mark in West Palm Beach. This milestone signals further growth for the city, with many high-end condominiums downtown poised to benefit from this influx of students and professionals.
