The Florida-based bidder of the Revel Casino Hotel said he plans to add an educational institution next to the $2.4 billion building, according to a report from the Press of Atlantic City.

Glenn Straub, who placed a $90 million cash bid on the casino, told the newspaper he'd like build a second 35-story tower that would house a university, although he did not name a specific school.

His plan is to create a community of the world's brightest people, who would work on global issues like nuclear waste disposal, the report said.

Straub told the Press of Atlantic City that he doesn't want gambling to be the sole reason people come to Revel.

He also told the newspaper he has plans for a high-speed ferry and rail systems, along with an underground passageway for people to navigate through Atlantic City in the winter.

Straub's $90 million bid was the only qualified bid Revel had received as of Monday morning, Revel's attorney John Cunningham told the Associated Press.

A bankruptcy court judge said Monday she will approve an auction on Sept. 24.

Straub has at least a dozen realty and hospitality companies in which he is a principal, according to a report from The Star-Ledger. His latest purchase was the Polo North Country Club in Wellington, Fla., which he purchased for $27 million in a 1993 bankruptcy sale, the Press of Atlantic City reported.

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