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  HOME | Business & Economy (Click here for more)

Amazon: We’ve Received 238 City Proposals to Locate New HQ

NEW YORK – Amazon announced on Monday that it has received 238 proposals from cities eager to house the firm’s new headquarters, in which the Internet retail giant will invest some $5 billion, creating up to 50,000 jobs in the process.

The company, currently headquartered in Seattle, plans to announce sometime in 2018 where it will place its second HQ facility.

Among the cities aspiring to welcome the firm are New York, Los Angeles and Toronto, but also a host of smaller cities around North America.

Besides numerous US locations, a number of cities in Canada and Mexico have made offers to the firm.

Many of the cities have offered aid of various sorts, along with tax breaks with the aim of attracting Amazon, which promises that its new HQ will have the same importance as the current facility in Seattle.

Although at present no clear favorite has emerged, experts are pointing to the US East Coast as the most probable location, a situation which strengthens the candidacies of cities like New York, Atlanta and Pittsburg.

Others, however, think it is plausible that the firm could establish itself in other parts of the country, thus raising the hopes of places like Austin, Texas, where its affiliate Amazon Whole Foods is located.

 

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