Amazon has chosen the state of Illinois to be the new home of its sixth corporate headquarters in North America. The new headquarters, which will be located in the city of Arlington Heights, is expected to bring thousands of jobs and billions of dollars in economic development to the region. Amazon has also committed to investing $5 billion over a five-year period to build out its presence in the state.
The project is expected to create up to 50,000 high-paying jobs and generate an estimated $2.2 billion in tax revenue for Illinois over the next two decades. The project will include construction of a new office tower and associated development, as well as a potential research and development facility.
The project is part of Amazon’s commitment to investing heavily in communities where it operates. It comes on the heels of other large investments announced by Amazon, including establishing additional distribution centers in Chicago and surrounding suburbs, creating thousands of jobs across Illinois.
The new Amazon headquarters is being built near O’Hare International Airport at an existing commercial site.
Construction is expected to begin this fall, with completion projected for 2022 or 2023. Once complete, the building will feature an open floor plan with multiple conference rooms and meeting spaces.
The new Amazon headquarters will be an economic powerhouse for Arlington Heights and its surrounding areas. It will bring thousands of jobs with competitive wages, spur economic activity through construction projects and investments, generate tax revenue for local governments, and create opportunities for small businesses.
Conclusion:
The new Amazon headquarters being built in Illinois is sure to be a great boost for the local economy. With its commitment to create up to 50,000 high-paying jobs and invest $5 billion over five years into the project, this new facility promises great opportunities for both residents and businesses alike.