It’s been over two years since Amazon first announced that they were looking for a second headquarters, or HQ2. The company had promised to make a $5 billion investment in the city they chose, and were prepared to bring 50,000 jobs to the lucky locale.
However, since then there has been much speculation about what happened to the project and whether or not Amazon is still planning on building HQ2.
The speculation reached its peak earlier this year when Amazon announced that it had pulled out of its plans for a new headquarters in New York City. Amazon had chosen Long Island City as the site for their HQ2, but faced considerable opposition from local residents who felt that the massive investment would further gentrify the area and lead to increased housing costs.
In response to this backlash, Amazon decided to back out of its plans for a New York City headquarters and focus instead on other potential sites such as Arlington, Virginia; Nashville, Tennessee; and Dallas, Texas. The company has also made it clear that it is continuing its search for other potential locations around North America.
Amazon’s decision to back out of its original plans has caused some people to question whether or not they are still interested in building HQ2 at all. However, there is no evidence that suggests otherwise. The company continues to invest in cities across North America and is actively seeking new locations for their second headquarters.
In addition, Amazon recently announced that it would be investing $1 billion into an initiative called “The Climate Pledge” which aims to reduce carbon emissions from its operations by 2040. This suggests that the company is still committed to making major investments in cities around the world and is likely still searching for its second headquarters.
Conclusion:
Overall, it seems like Amazon is still committed to building their second headquarters despite recent setbacks. They have continued their search for potential sites around North America and are actively investing in cities across the continent. It remains unclear when exactly Amazon will choose a location for HQ2 or if they will ever make an official announcement about it – but one thing is certain: The search continues.
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When Amazon announced its intention to build a new headquarters in Long Island City, Queens in November 2018, the news was met with both excitement and criticism. Supporters of the project saw it as a huge opportunity for economic growth and job creation while opponents argued that it would cause gentrification and displacement of long-time residents. After months of intense backlash from locals and politicians, Amazon backed out of the deal in February 2019.
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