This is where Amazon will build its two new headquarters

Daniel Fowler
November 13, 2018

The Washington Post, Wall Street Journal and New York Times all on Monday night reported that Amazon has chosen to divide its second headquarters between Northern Virginia and New York.

The company said at the time that it expected to "invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs-it will be a full equal to our current campus in Seattle".

Amazon will reportedly make the announcement as early as Tuesday.

NY and the D.C. area already have a considerable Amazon presence. While Seattle has experienced a boom in tax revenue and an influx of white-collar professionals due in part to Amazon's presence, the city has also struggled with skyrocketing property values that fueled an ongoing homelessness crisis.

According to the WSJ report, Amazon is dividing the new headquarters evenly with as many as 25,000 employees apiece, splitting its new East Coast base into cities close to major hubs with plentiful tech talent.

Amazon narrowed the list to 20 cities in January, and in recent weeks, smaller locations appeared to fall out of the running. He was hopeful that HQ2 would come to New York City.

Once a bustling factory and freight-moving area, Long Island City saw many of its plants and warehouses closed as manufacturing shriveled in New York City.

Term elections 2018: Democrat wins tight Arizona race
McSally argued that she would protect patients, despite her vote on the bill that would have removed many of those protections. McSally's attacks on Sinema reached back more than 15 years, when Sinema was a Green Party spokeswoman and liberal activist.

Cities and states promised billions of dollars of tax breaks and other inducements in exchange for Amazon's "HQ2".

The Wall Street Journal reported about a week ago that Amazon was in late-stage negotiations with several locations including New York, Crystal City as well as Dallas. And forgoing too many future taxes that could come from a project as massive as Amazon HQ2 could strain local budgets for public services like roads and schools - or cause taxes to go up for local residents.

The search began in September 2017 when Seattle-based Amazon announced it would start accepting proposals for what quickly became known as HQ2.

Amazon's HQ2 is getting divided by two.

Still, the process has resulted in a year of positive publicity, highlighting Amazon's ability to create jobs and investments, even as the company has faced critics ranging from U.S. President Donald Trump to Vermont Sen.

However, the split could also mean economic benefits for the hosts will be muted relative to expectations, especially given the selected cities' size versus some of the other contenders. Toronto was the only finalist outside the U.S.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER