Amazon – the United States-based online retailing giant – is soliciting pitches from states and cities for its second headquarter in North America. On Thursday, the e-commerce company said that it is planning to open a second company headquarter in North America.
Amazon to invest over $5 billion in HQ2 construction
According to the estimates of the e-commerce giant, its investments in its Seattle operations from 2010 through 2016 led to an additional $38 billion to the economy of the city. The tech company, which is now working on Artificial Intelligence, drones as well as robots, is expecting to invest more than $5 billion in construction, and grow this second headquarters to include over 50,000 high-paying jobs.
The United States-based online retailing giant would prioritize bids from metropolitan areas with more than one million people, said the tech company. The e-commerce giant further added that it would prioritize bids from regions that “provide a stable and business-friendly environment”; urban or suburban locations with the potential to attract and retain strong technical talent; and communities that “think big and creatively when considering locations and real estate options.”
The location does not have to be a downtown or urban campus but a development-prepped site or a similar layout to Seattle campus of Amazon, said the e-commerce giant.
Amazon expects HQ2 to be a full equal to its Seattle headquarters
In a statement, Jeff Bezos, Amazon founder and chief executive officer, said “We expect HQ2 to be a full equal to our Seattle headquarters.” He added, “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.” The online retailing site is estimating its investments in its Seattle headquarters operations to be around $38 billion.
According to Amazon, the HQ2 of the e-commerce company should be in a “stable and business-friendly environment” and in “urban or suburban locations with the potential to attract and retain strong technical talent” and in “communities that think big and creatively when considering locations and real estate options.”
The announcement made on Thursday will set off a scramble among cities that are trying to make it to the short list. Several states and cities are being advised to visit this website for more information.