Global software company Oracle ’s proposed River North tech hub is set to be the largest economic development deal in Tennessee’s history , and is currently the talk of the town.
But, what exactly does this new development mean for Nashville + its residents? Here is everything you need to know about this new downtown campus, by the numbers:
Oracle’s River North campus location along the East Bank of the Cumberland River | Image provided by Metro Gov.
- $1.2 billion. The cost of the development.
- 60 acres. The size of the campus.
- 1.2 million sqft. The amount of office, retail + education space.
- $175 million. The amount of funding for public infrastructure (includes a pedestrian bridge to Germantown, greenway, park, road improvements + stormwater maintenance).
- 8,500. The amount of full-time jobs expected to be filled by 2031. (2,500 expected to be filled by the end of 2027.)
- $110,000. The average starting salary for full-time employees.
- 11,500. The anticipated amount of ancillary jobs.
- 10,000. The amount of temporary jobs to support the project’s construction + development.
- 100%. The portion of the project that will be funded by Oracle (meaning: no money will come out of taxpayers’ pockets).
A public hearing before the Industrial Development Board has been requested for Tues., April 27.
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