Verizon has announced a massive real estate deal for Cool Springs TN.  As reported by the Nashville Business Journal:

” Verizon $54 million Cool Springs consolidation to bring about 700 new jobs

Verizon Wireless and Gov. Phil Bredesen announced Wednesday a $54 million consolidation project in the Cool Springs area that will bring up to 700 new jobs in the next five years.

In a new, 180,000-square-foot facility being developed by Duke Realty Co, Verizon will employ a total of 1,300 employees.

Franklin Mayor Tom Miller told the Business Journal the project will pull employees from all over Tennessee, including 550 employees at the company’s call center operations in the Grassmere business park in Nashville, as well as other parts of the South. Verizon will use the building as a multi-use service center.

The consolidation will affect about 500 Verizon Wireless employees working at the company’s customer service center in the Grassmere business park in Nashville. The company’s 1,000 employees in Murfreesboro will not be affected, says Jerry Fountain, president of Verizon Wireless for the Carolinas and Tennessee.

The Cool Springs service center will handle IT, customer service, human resources and other functions.

The state didn’t give specifics about incentives for the project because the deal hasn’t been finalized.

The building will be located along Duke Drive in the Cool Springs area of Franklin. Miller says he’s been in discussions with the state and Verizon for several months.”