Rumour was an old lady donated posthumously alot of money she had saved up her whole life, to build a university at Estepona in Spain. After she died they never built it. The town remains pretty much the same as it always was. Last time I was there they had replaced the red marble promenade that was cracked on the beach with some sort of rubber playground cement, and for some reason that I can only put down to malice…
Was it only a rumor or did you find a reliable source? Presumably that type of thing would make at least the national news, especially if it’s been years - a university costs exponentially more than (empty?) parkland.