Oracle Moving to Nashville?

[David Goodman]

Oracle Corp. 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.

Cooper’s office said the Austin, Texas-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.

- MarketWatch.com

*This move will ensure continued growth in the Nashville real estate market for years to come.

[Joe Splitrock]

Originally posted by @David Goodman:

Oracle Corp. 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.

Cooper’s office said the Austin, Texas-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.

- MarketWatch.com

*This move will ensure continued growth in the Nashville real estate market for years to come.

 That is great news. It is just the type of jobs you want in a city. I love Nashville, but hopefully they study traffic impact too. The city is growing too fast and their infrastructure plan isn't keeping up.