In the two past decades, there is a rapid growth in the higher education. This study uses the case of National Taiwan University (NTU) to demonstrate the relation between University and urban development. First, NTU intends to relocate campus and constructs new industrial zone. Secondly, to afford to the expansion of campus and new buildings, NTU are changing from a low-density to a high-density campus, with commercial housing zones. The teaching buildings, institutes, halls, dormitory cafeterias are reconstructed, and annexs such as R&D centers, coffee shops, convenient stores and franchises are added. A variety of new amenities, domed stadium, luxury hotels and conference centers let for a high price. Besides, the guesthouses, new shopping malls and innovation incubations are created to attract enterprises. Thirdly, enterprises donate new buildings which change the skyline of the campus. The drives of new campus are growth, consumerism and leisure. In the name of new knowledge-based economy, NTU shows a trend of secularization and commercialization. The mix of cultures and specialities, tour the known NTU landmarks play a role in the gentrification of Taipei City center, where urban elites are emerging and poor people are expelled.