More than 200 cities want to be Amazon’s new headquarters’ home town
The bids are in.
When Amazon decided it wanted to establish a second North American headquarters, it generated more than a little buzz across the continent. Overall, the announcement attracted 238 bids from cities and regions in 54 states, provinces, districts and territories across North America, all eager for the opportunity to be considered to host the online giant’s second North American headquarters. (Click here to see the specific regions interested in hosting HQ2.)
With a plan to create an office that will be equal to the capacity and functionality of its current campus in Seattle, Amazon plans to invest over $5 billion in construction of its new office, which is being referred to as “HQ2." It will also be home base to 50,000 high-paying jobs.
In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 is expected to create “tens of thousands of additional jobs,” and “tens of billions of dollars” in additional investment in the surrounding community, according to the company.
“We want to find a city that is excited to work with us and where our customers, employees, and the community can all benefit,” Amazon said.
Amazon’s suitors also hope the new headquarters will provide similar returns as those experienced by the city of Seattle. For example, Amazon estimates its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city’s economy – every dollar invested by Amazon in Seattle generated an additional $1.40 for the city’s economy overall, according to the online giant.
Amazon accepted its final proposals on Oct. 19, and the HQ2 team is currently evaluating each of the proposals, Amazon said.
The online retailer plans to announce its decision next year, according to the company's request for proposal (RFP).
When Amazon decided it wanted to establish a second North American headquarters, it generated more than a little buzz across the continent. Overall, the announcement attracted 238 bids from cities and regions in 54 states, provinces, districts and territories across North America, all eager for the opportunity to be considered to host the online giant’s second North American headquarters. (Click here to see the specific regions interested in hosting HQ2.)
With a plan to create an office that will be equal to the capacity and functionality of its current campus in Seattle, Amazon plans to invest over $5 billion in construction of its new office, which is being referred to as “HQ2." It will also be home base to 50,000 high-paying jobs.
In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 is expected to create “tens of thousands of additional jobs,” and “tens of billions of dollars” in additional investment in the surrounding community, according to the company.
“We want to find a city that is excited to work with us and where our customers, employees, and the community can all benefit,” Amazon said.
Amazon’s suitors also hope the new headquarters will provide similar returns as those experienced by the city of Seattle. For example, Amazon estimates its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city’s economy – every dollar invested by Amazon in Seattle generated an additional $1.40 for the city’s economy overall, according to the online giant.
Amazon accepted its final proposals on Oct. 19, and the HQ2 team is currently evaluating each of the proposals, Amazon said.
The online retailer plans to announce its decision next year, according to the company's request for proposal (RFP).