Amazon delivers news of HQs in NY and Washington DC


In addition to the headquarters, it said a new centre of operations for the USA east coast would be built in Nashville, Tennessee, with an extra 5,000 people to be hired.

Amazon, with its new HQs in NY and Virginia, expects to get more than $2 billion in tax credits and incentives with plans to apply for more.

Combined, the areas have agreed to $2.4bn (£1.8bn) in public support for the project, nearly half the $5.2bn that Amazon itself said it would invest in hiring 55,000 new employees and 9m square feet of office space.

And now in a surprise move, the eCommerce giant has chose to move forward with two HQ2 cities, dividing the second headquarters evenly between New York City and Arlington, Virginia.

The Nashville office is expected to be smaller and the company said it would start hiring in New York, Virginia and Tennessee in 2019. The average per-job cost in so-called megadeals - incentive packages of over $50 million - is $658,000, according to Good Jobs First, which tracks government investments in business. Since Amazon's arrival, Seattle has become one of the nation's most expensive places, forcing lower-income residents to move to far-off suburbs. Each site will get 25,000 jobs. In New York, the figure is $1.525 billion in exchange for the 25,000+ jobs.

- Performance-based incentives of up to $102 million based on 5,000 jobs created over 7 years with an average wage of over $150,000.

Wages at the Long Island City and Arlington offices are expected to average out to approximately $150,000 United States dollars (roughly $193,693 CAD).

What do the cities themselves get for all that effort?

Well, the jobs, for one thing.

"That's an terrible lot of money", said Aaron Jodka, research director at real estate firm Colliers International in Boston.

Amazon's emphasis on new, high-paying jobs earned publicity as it faced criticism for low wages in its sprawling warehouses.

If the city, DISD and local college and universities were prepared to make a sizable investment to create a mechanism for providing the kind of engineers required by Amazon, they should be prepared to follow through with that investment regardless of the decision by Jeff Bezos.

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In a statement The Walt Disney Company, which bought Marvel Entertainment in 2009, saluted Mr Lee's "unmatchable" life and career. In 1972, he became Marvel's publisher and editorial director; four years later, 72 million copies of Spider-Man were sold.

- 1 million square feet of energy-efficient office space.

It also led to a lot of free publicity for Amazon. The company has faced criticism over the past year that it was looking to fleece taxpayers with a public bidding process that pitted cities and states against one another.

Are these the cities that would have benefitted most?

That deal is expected to bring just 13,000 jobs.

In New York, a similar storyline was playing out in a section of the city in the midst of transformation from its industrial past. Amazon has armed itself with unprecedented amounts of recon, data and insight on what these cities were willing to offer, and where these cities see themselves heading in the foreseeable future.

Meanwhile, in Denver and elsewhere we're celebrating the rejection of our Amazon bids.

Amazon has done well, here, from the perspective of its shareholders.

I live down the street from the new #AmazonHQ2 site.

Stonecrest in Georgia, offered to rename some of its land to "the city of Amazon". "I don't know how they calculated it, and what they actually calculated", Cuomo said. It's likely that, along with this money comes gentrification, displacement, and an improvement in the quality of life for those who can afford to stay in the neighborhood.

Ocasio-Cortez explained in another tweet why she was wary of such a deal. She praised the region's talented workforce, especially in engineering, robotics, and software development, said people familiar with the call. "It's possible to establish economic partnerships w/ real opportunities for working families, instead of a race-to-the-bottom competition".

Andrew Cuomo implored Amazon to come to New York City, reportedly saying he'd change his name to Amazon Cuomo if that's what it took, local politicians were wary.

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