May 4, 2021
Metro Council unanimously approved a $175 million economic incentive for tech giant Oracle to build a campus on the east bank of the Cumberland River, bringing to fruition a project years in the making.
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The Oracle project will bring 8,500 jobs with an average annual salary of $110,000. The company is committing to $1.2 billion in capital investment.
The project was approved despite 11th hour criticisms from Nashville s progressive community, which said the arrival of Oracle will trigger more gentrification in the surrounding community and stress the city s existing affordable housing problem.
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Mayor John Cooper said passage of the Oracle deal will help kick off Nashville s next decade of prosperity. The Oracle deal is believed to be the largest economic development project in Tennessee s history in terms of jobs.
Mayor Cooper s claims sow confusion over looming tax rate cut - Nashville Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Nashville police investigating intentional Christmas morning vehicle explosion TODAY 12/26/2020 Erin Einhorn and Doha Madani
Local and federal authorities are investigating the explosion of a recreational vehicle that broadcast a warning to residents before it blew up in downtown Nashville early Friday.
The explosion, which police called an intentional act, shattered the Christmas morning quiet in the center of the city’s business district around 6:30 a.m. CT.
Tissue was found following the blast and authorities are examining to confirm whether it could belong to human remains, according to Metropolitan Nashville Police John Drake. He added that there were otherwise no known fatalities from the blast, and authorities had no advance warning in the days prior that the explosion was imminent.