Oracle Corporation plans to bring 8,500 jobs and a $1.2 billion investment to fast-growing Nashville, a deal Mayor John Cooper’s office announced Wednesday as unprecedented in the history of Tennessee economic development projects. And, while his office did not say this, the ripples or ramifications should spread across the region and state.
Cooper’s office said the Austin, TX-based computer technology company requested a public hearing for its economic impact plan with the Metro Industrial Development Board. That board and the Metro Council would need to finalize the deal. According to documents provided by Cooper’s office, the project would create 2,500 jobs in Nashville by the end of 2027, reaching the full 8,500 by the end of 2031, with an average salary of $110,000.
Click here to learn more.