Amazon Announces Search for Location to Build Second Headquarters; Projected at $5 Billion

Amazon Announces Search for Location to Build Second Headquarters; Projected at $5 Billion



SEATTLE, WA - As Amazon continues to gain footing following its high-profile acquisition of Whole Foods, it is looking to fortify its current position by building a second headquarters in North America, which it is referring to as HQ2. Projected to cost more than $5 billion, and accommodating up to 50,000 staff, the company has put out a call for proposals to regional governments as it seeks to identify a location for the massive project.


Jeff Bezos, Founder and CEO, Amazon“We expect HQ2 to be a full equal to our Seattle headquarters,” said Jeff Bezos, Amazon Founder and CEO, according to a press release. “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.”


In choosing the location for HQ2, Amazon has stated a preference for:


  • Metropolitan areas with more than one million people

  • A stable and business-friendly environment

  • Urban or suburban locations with the potential to attract and retain strong technical talent

  • Communities that think big and creatively when considering locations and real estate options

Amazon Headquarters


The project would initially need more than 500,000 square feet and up to 8 million square feet beyond 2027, Amazon said.


How will this move impact business moving forward? Stay tuned to AndNowUKnow as we continue to report.


Amazon


 
――――――――ф―――――――――
 
――――――――――――――――――

Stay in the

subscribe to our weekday newsletter:



Have a new product, press release or story idea?

Let us know
Download, The Snack, Magazine