Published: Wed, November 14, 2018
Markets | By Erika Turner

Amazon Chooses New York City, Arlington for Additional HQs

Amazon Chooses New York City, Arlington for Additional HQs

In a follow-up story from last week, The Wall Street Journal is reporting that Amazon will split its highly-coveted HQ2 between New York City and Northern Virginia.

Plus, even though smaller cities didn't land Amazon HQ2, Amazon did announce it would add 5,000 jobs at a new operations hub in Nashville, and has already added 6,000 jobs in numerous other 218 cities that did not make its list of the 20 finalists.

Toronto was, of course, one of the cities shortlisted, and was the only Canadian city to make it to this round.

As reports projected, the company revealed Tuesday that it'll route 25,000 new jobs to its "HQ2" in New York's Long Island City neighborhood, and another 25,000 to Arlington, Virginia.

In Crystal City in Arlington, Amazon said it expects to receive $573m in incentives for their investment and that they project to generate $3.2bn in tax revenue in the same time period.

As Amazon's search dragged on, residents in numerous 20 finalist cities anxious about the effect such a massive project could have on housing and traffic, as well as what potential tax incentives could cost the community.

Socialist Alexandria Ocasio-Cortez is not happy that Amazon, the world's most valuable company, has chose to invest billions of dollars and bring approximately 25,000 jobs to New York City.

Toll rises to 42 in California’s ‘deadliest wildfire’, 228 people still missing
Along with a loss of life, an estimated 435 structures were destroyed and another 24 were damaged. The smoke does not pose a health threat to people in the Great Lakes region, experts said.

Analysts said Amazon's selection of NY and Washington, thriving regions where many major U.S. companies, including Amazon, already have a presence, shows that subsidies sweeten- but do not necessarily drive - corporate decisions.

Initially, there was only meant to be one headquarters location and that new facility would have created about 50,000 jobs and cost at least $5 billion to build and operate.

The new Washington headquarters will be located in National Landing, in Arlington, Virginia, and the New York City headquarters will be in the Long Island City neighborhood in Queens.

He was hopeful that HQ2 would come to New York City.

In a surprise twist, Amazon ultimately decided to choose two winners instead of one.

In its statement, Amazon said that while incentives were a factor in the company's decision to choose the two locations, "attracting top talent was the leading driver".

Amazon did not immediately respond to Ars' request for comment. Kansas City's mayor gave five-star reviews to 1,000 random items on Amazon's website, and Stonecrest, Georgia offered to rename some of its land the city of Amazon. The company claims that its Long Island City campus will create $10 billion in incremental tax income over the next 20 years. "Instead of showering a super-monopoly company like Amazon with money that they don't need, we should be passing legislations to bust them up and divert all corporate welfare money to help people in our community", he said.

Like this: