Oracle Corp. Brings 8,500 Jobs and $1 Billion Investment to Nashville’s Growing Health Care Industry”.
During a talk at the Oracle Health Summit in Nashville, Larry Ellison, CEO of Oracle Corp., announced that his company’s planned campus in the city would serve as its world headquarters. This move is part of Oracle’s larger plan to bring 8,500 jobs and invest over $1 billion in the city over the next decade.
Former U.S. Senator Bill Frist, who is also a doctor and businessman, questioned Ellison about the choice of Nashville. Ellison explained that Nashville was selected because of its prominence in the U.S. health care industry and its appeal to employees as indicated by surveys. He also mentioned that the city’s vibrant culture, family-friendly environment, and central position in the health care industry make it an ideal location for Oracle’s new campus.
Nashville has become known as a hub for health care industry giants such as HCA Healthcare and Change Healthcare. The city is home to over 900 health care companies with 550,000 employees. According to Ellison, these factors played a significant role in Oracle’s decision to move its world headquarters to Nashville.
In 2021, Oracle purchased 60 acres of land in downtown Nashville for $254 million and committed an additional $175 million upfront for public infrastructure projects such as a pedestrian bridge over the Cumberland River. The company plans to build amenities like a community clinic, a concert venue, a hotel, and a restaurant on its riverfront campus to add to Nashville’s appeal as a desirable place to live and work.
