Saturday, 17 November, 2018

Amazon Throws Curveball Near the End of HQ2 Saga

Amazon Exec Rips `Leaking&apos to Bezos&apos Post on Headquarters Amazon Exec Rips `Leaking to Bezos Post on HeadquartersMore
Elsie Buchanan | 07 November, 2018, 04:43

Amazon announced a list of 20 finalists for HQ2 in January, including: Atlanta; Austin; Boston; Chicago; Columbus, Ohio; Dallas; Denver; Indianapolis; Los Angeles; Miami; Montgomery County, Maryland; Nashville; Newark; New York City; Northern Virginia; Philadelphia; Pittsburgh; Raleigh; Toronto; and Washington, DC. Sources say a decision could come as soon as this week. If this report comes to fruition and HQ2 is indeed split between Crystal City and New York City, it remains to be seen how those projections would be distributed and scaled across multiple urban areas. In total, Amazon received proposals from 238 cities past year and reduced the list down to 20 finalists in January.

The paper is owned by Amazon founder and CEO Jeff Bezos.

Even before the report of its possible selection, development in Long Island City has been booming recently.

"Amazon already has more employees in those two areas than anywhere else outside Seattle, its home base, and the Bay Area", the paper added. An Amazon spokesman declined to comment.

At the time of writing, the Wall Street Journal has reported that Amazon may be splitting its future HQ2 across two cities, with 25,000 employees in each. On the website it created when it first announced the project, Amazon stated that the goal of HQ2 was to create "a full equal to our current campus in Seattle". Andrew Cuomo met two weeks ago with Amazon officials in his New York City offices.

The Washington metropolitan area was long considered a top contender for Amazon's second headquarters.

Sri Lanka’s ousted PM accuses rival Rajapaksa of bribery
The billions China loaned Sri Lanka to develop the port and airport - a sign of Rajapaksa's pro-China leanings has India anxious . The announcement was made by Parliament spokesman Karu Jayasuriya when he addressed a special meeting of party leaders.


People "close to the process" also told the Post that Amazon is debating "how an announcement about the move would be made to the public".

Today's report comes after a whirlwind of rumored activity on Amazon's HQ2 decision process this weekend.

Long Island City and Crystal City would meet Amazon's requirements for a new locale: Both are near metropolitan areas with more than a million people, have nearby worldwide airports, direct access to mass transit and have room for the company to expand. At the time, Bezos said he expected "HQ2 to be a full equal to our Seattle headquarters".

There won't be one victor, the Journal says, citing "a person familiar with the matter". The state's economic development arm, which has doled out more corporate tax breaks than anywhere else in the country, has also made Amazon a generous subsidy offer-though it's unclear for how much.

"Certainly not bad news", a source in the developer community responded.

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