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Amazon to Invest $5 Billion in Second HQ Outside of Seattle

posted by Fnord666 on Friday September 08 2017, @11:09PM   Printer-friendly
from the pick-me dept.

An Anonymous Coward writes:

Amazon will invest $5 billion in a second headquarters in a North American city outside of Seattle.

Amazon.com Inc. already has a sprawling Seattle headquarters that attests to its size and ambition. Now the world's largest online retailer plans to open a second North American campus -- dubbed HQ2 -- that Amazon says could be just as big as the existing one.

The company is asking local and state governments to submit proposals for a development that will likely cost more than $5 billion over the next 15 to 17 years and give the winning city or town an enormous economic boost. Amazon is already one of the biggest employers in Seattle and expects the new headquarters to house as many as 50,000 workers, many of them new hires. Cities have until next month to apply through a special website, and the company said it will make a final decision next year.

The mayor of Memphis, Tennessee, quickly expressed interest. So did officials in Chicago; Philadelphia; Hartford, Connecticut; Tulsa, Oklahoma; St. Louis; and Rhode Island, demonstrating that Amazon will wield a lot of leverage in making its choice.

"We expect HQ2 to be a full equal to our Seattle headquarters," founder and Chief Executive Officer Jeff Bezos said in a statement. "Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs."

https://www.bloomberg.com/news/articles/2017-09-07/amazon-hunting-for-second-u-s-headquarters-to-host-50-000-staff

Will the new HQ be in the U.S.?

Additional coverage at Reuters, NPR, Business Wire and The Washington Post

Original Submission

 
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  • (Score: 2, Informative) by terryk30 on Saturday September 09 2017, @12:21PM (1 child)

    by terryk30 (1753) on Saturday September 09 2017, @12:21PM (#565612)

    Disclaimer: I'm not bringing this up because of the silly trailing question in TFS!

    It looks like up here we'll also be falling over each other "bidding" for this:
    Amazon scouting location for 2nd headquarters — and Canadian cities want in [www.cbc.ca]

    However I see the quoted Bloomberg article also noting that:

    Amazon said it will let staff from Seattle move to the new campus.

    ("campus" - oh brother...) which makes it sound like it would be in the U.S. However the linked W. Post article gives more of the context for the Canadian interest:

    ...experts say the company’s decision is likely to be as much about politics as it is about logistics and incentives. Bezos has been a vocal opponent of the Trump administration’s immigration bans... “The fact that Amazon is even considering Canada and Mexico shows how important politics has become in the site-selection process,” said John Boyd, a Princeton, N.J.-based location consultant...

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  • (Score: 0) by Anonymous Coward on Saturday September 09 2017, @10:27PM

    by Anonymous Coward on Saturday September 09 2017, @10:27PM (#565780)

    Oh please, please, please let them move out! Lots and lots of relocations!

    Maybe we can get our state back from the stranglehold of transplanted californicators...