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Oracle seeks to grow Nashville hub with planned riverfront headquarters
Summary
Oracle is developing a large riverfront campus in Nashville with more than 2 million square feet of planned office space and is hiring more roles there than any other U.S. city, though it currently has about 800 staff in the city.
Content
Oracle is developing a large riverfront headquarters campus in Nashville and is positioning the city as a major innovation hub. The company plans over 2 million square feet of office space, a new pedestrian bridge and other amenities. Oracle is hiring more roles in Nashville than in any other U.S. city, with a focus on its cloud infrastructure unit. The company currently has about 800 workers assigned to Nashville offices and has not provided a completion schedule for the campus.
Key facts:
- Oracle pledged in a 2021 tax-incentive deal to create 8,500 jobs in Nashville by 2031 and to pay an average salary above six figures.
- The planned riverfront campus will include more than 2 million square feet of office space, a cross-river pedestrian bridge and a Nobu restaurant branch.
- Some Oracle cloud employees report being offered tens of thousands of dollars in incentives to relocate to Nashville.
- Clay Magouyrk, Oracle's cloud infrastructure chief who became one of two CEOs in September, relocated to Nashville in 2024.
- Oracle's cloud infrastructure division reported $4.08 billion in revenue for the quarter ended Nov. 30, a 68% year-over-year increase, and Wall Street estimates project substantial growth through fiscal 2028.
Summary:
Oracle is positioning Nashville alongside Austin, Redwood Shores and Seattle as a center for its cloud and AI work, while local officials say they are coordinating on site development. The company has far fewer employees in Nashville today than its long-term pledge implies and has not set a timeline for completing the new campus. Undetermined at this time.
