Growth: Southeast News

Growth Southeast News curated each weekday for AL, FL, GA, KY, MS, NC, SC and TN about expansions and new construction projects…



June 07, 2021


Oracle America has paid nearly $254 million for slightly more than 60 acres of Nashville riverfront property, finalizing a deal that will expand downtown and transform East Nashville.

Closure for the long-awaited deal comes after years of negotiations with state and local leaders. State Department of Economic and Community Development officials declined to comment on the agreement, and a request to Gov. Bill Lee's office was not immediately returned.

The tech titan plans to invest a total of $1.2 billion in a second U.S. headquarters after leaving its Silicon Valley birthplace for Austin last year.
Software giant Oracle paid more than $253 million for about 60 acres along the Cumberland River.

Oracle bought 13 parcels of industrial and vacant land on the east bank of the Cumberland River on Tuesday. Davidson County Register of Deeds officials received the paperwork Wednesday.

The project makes up nearly half of a massive 125-acre redevelopment of the river's east side called River North.


buttonsubscribe   buttonsignin



Only members have access to curated Southeast news for technology, fintech, growth and exporting specifically for the 27 major cities in the regional states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. It’s about the executives and the decisions that result in the business activities that make the American Southeast the strong economic powerhouse – even stronger. Subscribe now!



Terms of Service Privacy Policy Site Map
Copyright @ 2021 Globalspeak, All Rights Reserved