In a major announcement, Oracle Corp. has revealed that its planned campus in Nashville, Tennessee, will serve as the company’s world headquarters. During a conversation about health care technology with former U.S. Sen. Bill Frist at the Oracle Health Summit, CEO Larry Ellison made the announcement.
The decision to choose Nashville as the location for Oracle’s headquarters was based on several factors, including its status as a center for the U.S. health care industry and its high quality of life and vibrant culture. In 2021, a Tennessee panel approved $65 million in state incentives for Oracle, with the company planning to create 8,500 jobs and invest over $1 billion in Nashville over the next decade.
Nashville offers an ideal location for Oracle due to its strong health care industry and presence of major companies like HCA Healthcare and Change Healthcare. The city is also home to more than 900 health care companies employing over 550,000 people. Additionally, Nashville’s vibrant culture and high quality of life make it an attractive place for employees to live and work.
Ellison emphasized that the move will bring a strong presence to a city that is at the heart of the health care industry and offers a high quality of life for its employees. The company has purchased 60 acres in downtown Nashville for its new campus and has made a significant upfront investment in public infrastructure, including a pedestrian bridge over the Cumberland River.
Plans for the Oracle campus in Nashville include a community clinic, a concert venue, a hotel, and a restaurant. Ellison expressed his excitement about the move and highlighted how it aligns with Oracle’s business interests while also providing unique attributes that appeal to employees.
Overall, this move represents an exciting opportunity for both Orange County-based Oracle Corp., which will establish itself as a leader in Nashville’s growing health care industry while also contributing positively to the city’s economy through job creation and investment in public infrastructure.
