The Metro Council on Tuesday unanimously approved the economic impact plan for the planned Oracle tech campus and surrounding River North infrastructure, including an extension of Cleveland Street that will allow vehicular, bike and pedestrian connectivity between River North and East Nashville.
Projected to cost $1.2 billion, the Oracle development and public infrastructure could bring up to 1.2 million square feet of office space to the Cumberland Riverâs East Bank. For that, the Silicon Valley corporation has committed to a $175 million investment recreational spaces, streets, stormwater management and a bike and pedestrian bridge connecting River North to Germantown.
âTodayâs Oracle vote demonstrates Metroâs commitment to make the right deals for Nashville,â Mayor John Cooper said when the 40-0 resolution vote passed.