In 2018, Amazon announced that it was searching for a location to build its second headquarters. Dubbed ‘HQ2’, Amazon received 238 proposals from cities across the United States and Canada.
The company said they were seeking a city with a large metropolitan area that could provide the necessary talent, infrastructure and business environment to support its growth. After much speculation and anticipation, Amazon has finally revealed the winners of its HQ2 competition: Long Island City in New York and Arlington County, Virginia.
Long Island City is located in Queens County, New York. It is home to some of the world’s most iconic landmarks like the Empire State Building, Times Square and Rockefeller Center.
Long Island City is also home to one of the largest airports in the country: John F. Kennedy International Airport. The city also boasts one of the lowest unemployment rates in New York State. Its proximity to Manhattan makes it an attractive destination for many businesses.
Arlington County, Virginia is located just across the Potomac River from Washington D.C.. It is part of Northern Virginia’s tech corridor and is home to many companies such as Lockheed Martin and Northrop Grumman. Arlington County is also known for its highly educated workforce and excellent public transportation system.
Amazon’s Plans for HQ2
Amazon plans to invest $5 billion over a period of 17 years in developing these two locations as part of its HQ2 project. The company plans to hire up to 50,000 employees at both locations over this period with an average salary of $150,000 per year (including stock-based compensation). Additionally, Amazon will be offered various incentives by both cities including tax credits, infrastructure investments and other benefits.
Conclusion
It seems that Amazon has chosen two great locations for its new headquarters – Long Island City in New York and Arlington County in Virginia – both offering great talent pools, infrastructure and business environments for their respective areas. With Amazon investing $5 billion over 17 years into these two projects combined with incentives from local governments, this could be a major boost for both areas as well as bringing tens of thousands of jobs into each area.
Where Is The New Amazon Headquarters?
The new Amazon headquarters will be located in Long Island City in Queens County, New York and Arlington County in Virginia. Both locations offer excellent talent pools, infrastructure and business environments which will benefit from Amazon’s $5 billion investment over 17 years combined with incentives from local governments. This could prove to be a major boost for both areas as well as bringing tens of thousands of jobs into each area.