Thursday’s private ceremony was set to feature remarks from Ramsey and Gov. Bill Haslam, according to a news release. Representatives from the city of Franklin, the Williamson County Chamber of Commerce, Gresham Smith and Partners, and Solomon Builders were scheduled to attend, along with Ramsey family members and more than 600 Ramsey Solutions employees.
The new headquarters will be on 47 acres in the Berry Farms development in Franklin. The more than 223,000-square-foot building will include a coffee shop, bookstore and studio for “The Dave Ramsey Show,” in addition to office space for more than 1,000 people. The company estimates the new headquarters will open in August 2019. Ramsey Solutions closed on the property in 2015.
The company is currently located in multiple locations in Cool Springs, occupying a total of more than 150,000 square feet.
Ramsey Solutions, formerly known as the Lampo Group, is celebrating its 25th anniversary this year. Ramsey is known for common sense financial advice delivered through books, radio shows, live events, classes, coaching and digital products. Over the years, the Tennessee native, who was born in Maryville and raised in Antioch, has gained a large national following.
“We are moving at the speed of cash,” Ramsey said. “Being debt free is not just something I talk about on the radio, and it’s not just for personal finance. Our company has always been debt free, and building a new campus will not change that. We are cash flowing the entire building process.”
The company plans to add 175 team members in the next year, many of them for technology positions as well as for sales, marketing and administrative support. The city of Franklin and Williamson County are offering the company tax reductions for creating jobs. To keep the reductions, Ramsey Solutions plans to hire nearly 400 team members by 2023 and again by 2028.