Bidding for Amazon’s HQ2 to close
The deadline to place a bid in the attempt to secure Amazon’s second headquarters (HQ2) is today, with a large number of North American cities having submitted proposals.
With Amazon having pledged to invest $5bn and hire 50,000 people, over 100 cities and counties have expressed an interest in placing a bid. Further, in the attempt to try and secure the build, many of these are expected to offer the ecommerce giant billions of dollars in incentives.
Here are the front running cities for Amazon’s planned second headquarters
With Amazon’s original headquarters having had a lot to do with the economic boom in Seattle, many vying cities will be hoping the larger second base will have a similar effect.
Although the Amazon is pledging an initial $5bn, the company invested a total estimated $38bn into Seattle between 2010 to 2016, suggesting that the economic effects will be much more significant.
With Amazon having listed its criteria for the location, considering a large talent pool, a mass transit system and a high quality of life, a number of front runners have emerged in the bidding.
Below is the top 10 frontrunners, as ranked by CNBC:
- New York
- San Francisco
- Los Angeles