On Thursday, online super retailer Amazon announced plans to construct a second North American headquarters. They are taking pitches from states and cities for what they are calling HQ2.
Amazon expects that it will take over $5 billion invested to build and grow HQ2, and plans as many as 50,000, what they consider, high paying jobs.
They are prioritizing bids from areas with over one million people, areas that have a business environment that is friendly and stable, suburban or urban location that could bring in and keep talent with a strong technical background, and communities that are creative and think big wen they consider real estate options and locations.
Amazon stated, the new headquarters does not need to be like the Seattle campus, an urban or downtown location, or a pre-preped site that is already developed.
Jeff Bezos, the CEO and founder of Amazon said that HQ2 is going to be equal to the headquarters in Seattle. He expects that the new headquarters ongoing investments and up-front investments will bring in not only billions of dollars, as well as tens of though sands of jobs. He said the company is really excited to find their second home. Between 2010 and 2016, $38 billion were injected into the Seattle economy the main headquarters, according to Amazon’s estimates.
The announcement is expected to have cities across the nation scramble to put together bid packages. It also shows the continuing growth Amazon is currently showing, and the desire to grow even more. Recently, the online retailer purchased Whole Foods Market, and is now offering some of their products online, but is also offering major discounts through the brick and mortar locations, even more to Prime members.
Bezos started Amazon in his garage and in 1999 he moved the company into the Pacific Medical Center building, which overlooked Seattle. Now, as of 2012, the company has been headquartered in their new campus in downtown Seattle on Denny. As the company grew, it overtook Walmart as the biggest retailer. The new announcement of a second headquarters should tell the world that the company is far from slowing down in growth. The company had recently started opening their own brick and mortar locations, and with ongoing acquisitions, both online and off, the company shows no sign of slowing down at all.
What do you think of the announcement by Amazon to open a second headquarters? Share your thoughts in the comments below.
By Cletus Dillwood
Photo Courtesy Amazon