Oracle’s new world headquarters in Nashville, Tenn., will cost $4.5 billion, the Nashville Business Journal reported.
The price tag for the 80-acre project with 2.7 million square feet of building space was previously estimated to be $1.2 billion and $2 billion.
But an Oracle real estate executive, in a since-deleted LinkedIn post, said project costs had since increased to $4.5 billion, according to the Dec. 10 story. An Oracle spokesperson declined to comment to Becker’s.
Oracle co-founder and Chief Technology Officer Larry Ellison said in 2024 the software giant would make Nashville its global base in part because of its reputation as a healthcare hotspot. The company bought EHR vendor Cerner in 2022 for $28.4 billion.
The campus will feature a luxury hotel, 34,000 square feet of retail space, a 700-seat auditorium, and a new pedestrian bridge over the Cumberland River, the Business Journal reported.
