Amazon is building a new headquarters in Arlington, Virginia. The development will be located in the National Landing area and is expected to create 25,000 jobs over the next decade. The new campus will include two 22-story office buildings, 3 million square feet of office space, retail space, and a public green space.
The new campus is part of Amazon’s larger plan to expand its presence in the Washington D.C. area. Amazon already has over 5,000 employees at its current headquarters in nearby Herndon, Virginia and will add an additional 1,500 employees at its new headquarters in Arlington. The move to Arlington is expected to bring significant economic growth to the region by creating both direct and indirect jobs in areas such as construction, hospitality and retail.
The project is being led by JBG Smith Properties, a real estate developer based out of Washington D., and has been backed by the state of Virginia and Arlington County through multiple tax incentives for Amazon. In addition to the tax incentives offered by Virginia and Arlington County for Amazon’s move to the region, there are also plans for transportation improvements that will benefit both current residents and future employees of Amazon’s headquarters. These improvements include adding more bike lanes in the area as well as increasing bus service on the Metro system.
The new Amazon headquarters is scheduled to open by 2021 with construction scheduled to begin this summer. This project marks one of the largest economic investments ever made in Northern Virginia and is expected to have a positive economic impact on both Arlington County as well as the D.C metro area as a whole.
Conclusion:
Amazon’s new headquarters is being built in Arlington County, Virginia with construction set to begin this summer. This project marks one of the largest economic investments ever made in Northern Virginia and will bring significant economic growth to the region through job creation, tax incentives from state and local government entities, as well as transportation improvements.