May 28, 2021
NASHVILLE, Tenn. (WTVF) — Metro Council members signed off on the largest economic development deal in Tennessee's history – 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.
Oracle also plans to spend $175 million on infrastructure - including a pedestrian bridge linking Germantown and East Nashville, a park, greenway, and clean up a former Metro landfill on part of the site.
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