Oracle Corp. has tripled its Nashville office space to 100,000 square feet, a fresh signal that the company continues to pursue its long-term vision of a waterfront campus in the city.
The office serves as Oracle's interim landing spot while the company solidifies plans for a $1.35 billion riverfront office campus on the East Bank of the Cumberland River just north of downtown Nashville. The Fortune 100 software and cloud computing company aims to employ 8,500 people there by 2031, at average annual wages of $110,000.
The office expansion, which multiple sources said was an option built into Oracle's existing lease, runs counter to the spurt of layoffs at an array of major technology companies, from Microsoft to Salesforce to Amazon. Oracle itself cut jobs last fall.