Early this year, Amazon.com, Inc. (NASDAQ:AMZN) announced that it had cut down its list of potential hosts for its second headquarters to 20 cities. Known colloquially as Amazon HQ2, 238 cities eagerly bid for hosting privileges. The reason is patently obvious: Amazon.com is a game changer. With a proposed budget of at least $5 billion, the new Amazon headquarters will create up to 50,000 jobs. And I’m...
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When it comes to managerial brilliance, there is nothing quite as appealing as Amazon’s first shareholder letter that highlights the importance of thinking about every day as a chance to rethink how to make its offer to customers ever-more valuable than competitor’s. Compared to that, the free publicity that Amazon has garnered in the wake of its competition for HQ2 — the second headquarters expected...
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Amazon’s second headquarters, called HQ2, will likely transform the city it comes to. Promising 50,000 workers and $5 billion in investment, HQ2 will likely increase rent and home prices in its chosen metro, according to housing experts. Cities including Columbus and Indianapolis could see less dramatic increases in housing prices. Miami and Boston could see more significant rises. In March, Seattle officials and business leaders debated whether Amazon...
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Cities and states are coughing up billions of dollars in incentives to win the bid for Amazon’s second headquarters, dubbed HQ2. The tech giant has promised that the $5 billion campus will bring economic prosperity to its chosen location. Seattle — where Amazon planted its first headquarters in the late 1990s — has seen this financial boost first-hand. Now Seattle’s largest employer, Amazon employs 40,000 people at its headquarters and...
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In January, Amazon revealed the top 20 contenders for its second headquarters, dubbed HQ2. One of those locations is Chicago. The city has proposed 10 different sites in a mix of urban and suburban spots, including an industrial area on the North Side. Part of the redevelopment, called Lincoln Yards, would include an old steel plant property. This week, local developer Sterling Bay unveiled its plans for the site — just...
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There is now some compelling evidence that Amazon is looking very closely at the Washington, DC, area for its second headquarters, called HQ2. Hints the company has dropped — both on purpose and inadvertently — are starting to add up. There are other reasons the company may want to place its headquarters in Washington. The race for Amazon’s second headquarters is heating up, and Washington, DC, just might be in...
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Another internet conspiracy led to speculation about the location of Amazon’s second headquarters. Readers of local news outlet ARL Now, which covers the Arlington, Virginia, area, noticed that an article about Arlington County winning the top environmental award from the U.S. Green Building Council received more than 6,000 page views in the last week. The ARLnow.com staff dug into the story’s analytics and found that...
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