A news conference will be held in Nashville at 10:30 a.m. Click here to watch.

NASHVILLE, Tenn. (WKRN) - Amazon announced Tuesday it will create 5,000 new jobs in Nashville at its new Operations Center of Excellence.

The Operations Center of Excellence will serve as the company’s Eastern hub for the company’s retail operations division and will be located in downtown Nashville, according to a release.

Sources told News 2 the hub will be located at the site of the old LifeWay building, which was demolished in July, in The Gulch.

The release states Nashville and the state will benefit from Amazon’s 5,000 full-time, high-paying jobs, $230 million in capital investment and one million square feet of energy-efficient office space.

The company employs approximately 2,500 people in the Nashville region across four distribution centers.

Amazon’s decision to create 5,000 new jobs at its Operations Center of Excellence in Nashville makes this the largest jobs announcement since the inception of the Nashville Area Chamber of Commerce’s Partnership 2020 economic development initiative in 1990, according to a release.

“We want to thank Amazon for its continued investment in the state of Tennessee and are excited about the additional 5,000 corporate jobs they will be creating in Nashville,” said Governor Bill Haslam of Tennessee. “It has never been clearer that Tennessee is a great place to do business, and we continue to attract a wide variety of global companies that provide high-paying, quality jobs for our residents.”

“Amazon’s decision to expand its presence in Nashville is a direct result of the talented workforce and strong community we’ve built here,” said Mayor David Briley of Nashville. “These are quality, high-paying jobs that will boost our economy, provide our workers with new opportunities, and show the rest of the world that Nashville is a premiere location for business investment. We thank Amazon for investing in Nashville, and we look forward to welcoming them to this community.”

“It’s a testament to the vitality of the region’s economy that an industry leader such as Amazon has chosen Nashville for its new Operations Center of Excellence,” said Ralph Schulz, president and CEO of the Nashville Area Chamber of Commerce. “Nashville’s unique vibe, in-migration trends and strong business growth helped set us apart as a top 20 city for Amazon’s HQ2. Ultimately, being selected as a finalist opened the opportunity for Nashville to be chosen for this significant operation – a historic win for our region.”

“We are looking forward to joining the community and are excited to be creating high-paying jobs in Nashville. Our new Operations Center of Excellence will become the Eastern U.S. hub for our Retail Operations division,” said Holly Sullivan, Amazon Public Policy.

Governor Haslam and Mayor Briley will hold a press conference on the Amazon hub at 10:30 a.m.

This is a developing story. Stay with News 2 and refresh this page for updates.

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