Amazon is so big now that it plans to have a second headquarters. Presently based out of Seattle in Washington State, the Jeff Bezos-owned internet giant has opened bids worth $5 billion to US cities, and has promised to create 50,000 jobs in the new set up. All major American cities are likely to bid for Amazon’s second HQ. The company would take various factors like population (1 million-plus), tech talent pool, real estate costs, and so on into consideration. A major criterion though would be incentives like tax breaks that a state or municipality offers, it announced. Also Read - Amazon Prime subscription plans to get expensive by Rs 500 in India: Check new pricesAlso Read - Android apps now available on Windows 11, but only for beta testers
“Incentives offered by the state/province and local communities to offset initial capital outlay and ongoing operational costs will be significant factors in the decision-making process,” Amazon’s request for proposal read. States and cities have about six weeks to submit their bids. Amazon has further provided them with eight pages of “guidance” on its core business requirements, most important of which is a “stable business climate for growth”. The $460-billion behemoth has also said that it requires a strong university system nearby to be able to hire talent in a sustained manner. ALSO READ: Jeff Bezos is now the third-richest person in the world; Zara founder goes past him Also Read - Best 5G phone under Rs 20,000 on Amazon, Flipkart today: Realme 8s, iQOO Z3, Samsung Galaxy M32, more
Amazon declared that its new campus would be a “full equal” to its current HQ in downtown Seattle that is sprawled across 8.1 million square feet. The company also highlighted its significant contribution in growing the local economy, wherein it generated $38 billion between 2010 and 2016. “For every dollar invested by Amazon in Seattle generated an additional $1.4 for the city s economy overall,” the proposal noted. Further, the Seattle campus employs over tens of thousands of people that have led to the “abundance of restaurants, services, coffee shops, and open spaces” in the area. Earlier this year, Amazon was even awarded the “City Maker” by the Downtown Seattle Association. ALSO READ: Amazon is the fastest growing marketplace in India: Jeff Bezos
It wouldn’t be too much of a stretch to claim that Amazon would give a face-lift to the site of its second HQ too. Prominent metro cities including Boston, New York, Philadelphia, Los Angeles, Chicago, and Atlanta are being touted as potential campus sites. San Francisco, the home of Silicon Valley, could lose out, says NYT, owing to its high real estate costs, and poor standard of living among the tech workers. Amazon has also stated that its campus should be easily connected to major highways and arterial roads. Surely the world’s waiting!