"A few years after moving Oracle's headquarters from Redwood City, Calif. to Austin, Texas, cofounder Larry Ellison publicly declared Nashville its "world headquarters." "It's the center of our future," Ellison, the company's chief technology officer and former CEO, said in 2024 of Nashville's increased importance for Oracle. The company committed $1.2 billion in capital investment over a decade and promised to add 8,500 jobs to the area."
"The new office, which Oracle senior vice president of global real estate and facilities Don Watson previously said in a statement would "position Nashville as a hub of AI innovation," will include 2 million square feet of office space as well as amenities like the upscale Nobu restaurant chain, which Ellison has included in his properties from Palo Alto, Calif. to Florida and the Hawaiian island of Lanai."
"As part of Oracle's development in the city, it tied itself to $175 million in infrastructure improvements such as park space along the east bank of the Cumberland River which runs through downtown Nashville, as well a pedestrian bridge that would link both sides of the river. The company can recoup its investment with reimbursements of 50% of its future property tax payments, the Tennessee Lookout reported."
Oracle designated Nashville as its "world headquarters" after moving its headquarters to Austin, and Larry Ellison called Nashville "the center of our future." The company pledged $1.2 billion in capital investment over a decade and promised 8,500 new jobs. Tennessee awarded a $65 million grant to offset expansion costs. Oracle committed $175 million toward riverfront parks and a pedestrian bridge, with potential recoupment through 50% reimbursements of future property tax payments. The planned 2 million square foot office will feature amenities including an in-house Nobu and aims to position Nashville as an AI innovation hub. Oracle reportedly offered cash incentives for employees to relocate to Nashville.
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