Amazon announced that it is planning to open another headquarters, named Amazon HQ2, in North America. HQ2 will cost an estimated $5 billion and house up to 50,000 Amazon employees, according to the company’s website.

“We expect to invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.”

Amazon’s Seattle Campus

The firm’s main HQ is situated in Seattle, being spread across 33 buildings. According to company’s representatives, HQ2 will be a full equal to its Seattle office. Moreover, considering its Request for Proposal, it is looking for a metropolitan area with more than 1 million people, with an international airport and good educational institutions.

Many US cities and states began a bid war, among which Dallas, Houston, Toronto, St. Louis, Kentucky and Miami. Incentives from land to fee cuts to relocation packages will be a major part of the decision, according to the US giant.

In many parts of the country, local governments have gone to great lengths to secure jobs and investment. In Wisconsin for instance, Taiwanese manufacturer Foxconn will receive a $3-billion incentive package to build a $10-billion liquid crystal display factory in the state.

Resources:

www.npr.org

www.amazon.com

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