In 2021, the city of Nashville was chosen by Oracle Corp. as the location for its upcoming world headquarters. The company’s CEO, Larry Ellison, made the announcement at the Oracle Health Summit in a conversation with former U.S. Senator Bill Frist. The move comes after Oracle relocated its headquarters from Redwood City, California to Texas in 2020.
Tennessee approved $65 million in state incentives for Oracle, which will bring 8,500 jobs and more than $1 billion in investment to Nashville over the next ten years. The company will construct a massive campus with 1.2 million square feet of office space on 60 acres in downtown Nashville that it purchased for $254 million.
Nashville’s strong health care presence with over 900 companies and 550,000 employees in the sector made it an ideal choice for Oracle’s new headquarters. Ellison emphasized the city’s appeal as a place to live and raise a family due to its vibrant culture and central location in the health care industry.
The Nashville Health Care Council highlighted major health care companies like HCA Healthcare and Change Healthcare that are already based in the city. Ellison emphasized the importance of being part of a community where people want to live, noting that Nashville checked all the boxes in Oracle employee surveys.
Oracle’s investment in the riverfront campus includes plans for a community clinic, a concert venue, a hotel, and a restaurant, reflecting its commitment to Nashville and its growing health care industry