Schools

Draper Pitches University Plan for Former Ben Franklin Hotel

Tuesday night's meeting revealed a first glimpse of venture capitalist Tim Draper's proposed plans to transform Benjamin Franklin hotel.

San Mateo residents attended a neighborhood meeting Tuesday night to hear about the transformation of the Ben Franklin Hotel into a school for entrepreneurs.

The site, a downtown landmark, is set to become the Draper University after prominent Silicon Valley venture capitalist Tim Draper purchased the property in April and sketched out his plans for the long-vacant hotel.

Draper, at Tuesday's meeting, emphasized the rich history of the hotel and said he's even heard stories about Bing Crosby there, according to the San Mateo Daily Journal.

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Read the full story in the Daily journal here.

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