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Tennessee Gives Starbucks $30 M Incentive for Nashville Office

7/11/2026

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Summary

Story summary

Tennessee offered Starbucks $30 million in incentives to open a 2,000-person office in Nashville.
Starbucks signed the city’s largest office lease since 2021, pledging $250 million in salaries and $100 million in leases over five years.
Tennessee expects $15 in revenue per incentive dollar and has claw-back clauses, while critics argue the funds should support affordable housing.

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Story summary

Tennessee offered Starbucks $30 million in incentives to open a 2,000-person office in Nashville.
Starbucks signed the city’s largest office lease since 2021, pledging $250 million in salaries and $100 million in leases over five years.
Tennessee expects $15 in revenue per incentive dollar and has claw-back clauses, while critics argue the funds should support affordable housing.