In 2021, Oracle Corp. received $65 million in state incentives from Tennessee to establish its world headquarters in Nashville. The city was chosen for its strong presence in the US health care industry and its appeal as a place to live and raise a family.
The new campus will bring 8,500 jobs and more than $1 billion in investment to Nashville over the next ten years. Oracle’s CEO Larry Ellison discussed the company’s expansion plans at the Oracle Health Summit, where he emphasized the importance of being part of a community where people want to live.
Nashville was an ideal choice for Oracle due to its vibrant culture and central location in the health care industry. The city is home to over 900 companies and 550,000 employees in the sector. Ellison highlighted major health care companies like HCA Healthcare and Change Healthcare that are already based in Nashville.
The new campus will include a community clinic, a concert venue, a hotel, and a restaurant. Oracle paid $254 million for 60 acres in downtown Nashville and proposed $175 million for public infrastructure improvements. Ellison’s vision for the new campus reflects Oracle’s commitment to Nashville and its growing health care industry.