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Oracle, 60 acres at River North, 1,200,000 sq. ft. of space, $1.2B Investment, 8,500 jobs


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Coming right along...  Headline: Exclusive: Oracle Corp.'s purchase contract for massive River North tech hub confirmed https://www.bizjournals.com/nashville/news/2021/04/07/oracle-river-nor

Oracle’s Resolution passed Metro Council 40-0! Up next for debate is the Cleveland Street / Grace Street extension. 

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The jobs announcements have to come in order to fill all the office space currently under construction or we would be in big trouble with a glut of unfilled office space. I am sure a lot of these deals have been in the works for some time. 

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If they want their operations centralized in one location downtown and are in need of 800,000 sq ft it seems they would need to go to either Highwoods, River North, or maybe have Nashville Yards change the scope of some of their parcels. 

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Fantastic news for Nashville no matter the location, however don't expect a one or two tower solution here....big tech traditionally prefers a campus so expect  a River North location or even a miracle that PCS Metals is ready to negotiate a move.

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Just now, troyboytn said:

Fantastic news for Nashville no matter the location, however don't expect a one or two tower solution here....big tech traditionally prefers a campus so expect  a River North location or even a miracle that PCS Metals is ready to negotiate a move.

Even if PCS Metals moves I imagine that's a decade before anything is ready to be built over there.

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  • dmillsphoto changed the title to Oracle in Nashville: 8,500 jobs, 1,200,000 sq. ft. of space, $1.2B Investment
  • markhollin changed the title to Oracle, 60 acres at River North, 1,200,000 sq. ft. of space, $1.2B Investment, 8,500 jobs

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