Published: Tue, November 06, 2018
Business | By Eloise Houston

Two cities will split Amazon HQ2

Two cities will split Amazon HQ2

Under the new plan, the e-commerce giant will split the workforce with 25,000 employees in each city, the WSJ report https://www.wsj.com/articles/amazon-plans-to-split-hq2-evenly-between-two-cities-1541446552?mod=searchresults&page=1&pos=3 said. Amazon has not made a final decision on which two cities would be chosen, the report said. Three of the 20 finalist regions were in and around Washington, D.C., where CEO Jeff Bezos has a substantial house and owns the Washington Post newspaper.

However, there's still a good chance Amazon may choose another location for its HQ2, as the company could be holding advanced talks with other cities that these inside sources might not be aware of.

Amazon could announce its decision as early as this week, and prime contenders still in the running were reported to include Dallas, New York, and a city in the state of Virginia not far from Washington, DC. Lending credence to the Crystal City speculation was a tweet from Mike Grella, Amazon's director of economic development, who lashed out at the leakers, saying they weren't "doing Crystal City, VA any favors". Rumors are swirling in Dallas where the former home of the Dallas Morning News sold for $33 million last week. "You can see what it's done to the cost of living in Seattle". The former Morning News site is on the west side of downtown with direct access to commuter rail.

In January, Amazon said it will spend $5 billion in the place where it builds its second headquarters and will employ 50,000 residents.

It's unclear what phase the process is at in NY. Amazon has promised to make its selection this year.

Like this: