Amazon receives 238 proposals for its second headquarters

alibhai/ October 24, 2017/ Corporate tech/ 0 comments

Amazon said today that it received 238 proposals from cities and areas in the USA, Canada and Mexico expecting to be the home of the business’s second headquarters.

The internet retailer kicked off its search for another home base in September, promising to bring 50,000 new jobs and invest more than $5-billion online building.

Proposals were due a week, and Amazon made clear that tax breaks and grants are a big deciding factor on where it chooses to property.

Amazon.com Inc. did not record which cities or metro areas implemented, but said the suggestions came out of 43 U.S. states, in addition to Washington, D.C. and Puerto Rico, three Mexican states and six Canadian provinces.

Toronto, Montreal, Edmonton, Halifax and Calgary are a few of the Canadian cities that submitted proposals.

Besides searching for monetary incentives, Amazon had stipulated that it was looking to be close to a metropolitan area with over a million people; be in a position to attract top technical talent; be within 45 minutes of an international airport; have immediate access to mass transit; and also have the ability to expand that headquarters to over 740,000 square metres within the next decade.

Generous tax breaks and other incentives can erode a city’s tax base. For the winner, it might be worthwhile, because an Amazon headquarters could draw other technology companies and their well-educated, highly compensated employees.

In New Jersey, Republican Gov. Chris Christie has supported Newark’s bid, saying the country and the town are likely nearly $7-billion in tax breaks. Detroit bid organizers have stated its proposal offers Amazon that the exceptional opportunity to set up shop in the U.S. and Canada. Missouri officials suggested an innovation corridor between Kansas City and St. Louis instead of one site.

The seven U.S. states that Amazon said didn’t apply were: Arkansas, Hawaii, Montana, North Dakota, South Dakota, Vermont and Wyoming.

Ahead of this deadline, some cities switched to stunts to try to stand out: Agents from Tucson, Arizona, delivered a 21-foot tall cactus into Amazon’s Seattle headquarters; New York lit the Empire State Building orange to match Amazon’s grin logo.

The business plans to stay in its sprawling Seattle headquarters, and the next one will be “a whole equivalent” for it, founder and CEO Jeff Bezos said in September. Amazon has said it will announce a decision sometime next year.

Courtesy: The Globe And Mail

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