Metro Council approves $1.2 billion Oracle hub
Metro Council members signed off on the largest economic development deal in Tennessee s history â paving the way for Oracle to build a $1.2 billion campus in Nashville.
and last updated 2021-05-04 23:31:03-04
NASHVILLE, Tenn. (WTVF) â Metro Council members signed off on the largest economic development deal in Tennessee s history â paving the way for Oracle to build a $1.2 billion campus in Nashville.
The final vote was unanimous. The Metro Industrial Development Board voted 7-2 to approve the proposal last week.
The Austin-based software company will now move forward with plans with a new 60-acre hub on the East Bank of the Cumberland River. The facility would be more than two times the size of the Music City Center and would bring 8,500 jobs with an average salary of $110,000 to Nashville over 10 years.