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Amazon Chooses New York City and Arlington, Virginia for its Second Headquarters — 6 Points

1. On Tuesday, Amazon announced that New York City and Arlington, Virginia will house its second headquarters. Other cities, like Dallas, were previously in consideration once Amazon announced it would split its second headquarters in two.

2. These headquarters, according to the company, will house at least 25,000 employees each. The development of each headquarters will cost around $5 billion in construction and other investments.

3. Outside of the two large projects, Amazon said it will develop an additional location with 5,000 jobs in Nashville, focusing on “operations and logistics.”

4. Part of the reason for choosing New York City and Arlington was the financial incentives: Amazon “could receive more than $2 billion in tax incentives in New York and Virginia.” New York would offer $1.2 billion and Arlington $550 million.

5. Jeff Bezos, the Chief Executive Officer of Amazon, said, “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come.”

6. The company will start hiring at those three locations in 2019.

Source: https://www.nytimes.com/2018/11/13/technology/amazon-hq2-headquarters.html

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