Amazon.com narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Austin, Texas, among the contenders.
Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that's expected to cost more than $5 billion (roughly Rs. 32,000 crores) and create 50,000 high-paying jobs over the next 10 to 15 years. Politicians across the US and Canada eagerly expressed interest, and the company received proposals from 238 locations, including from smaller markets like Tulsa, Oklahoma, and Memphis, Tennessee. The company plans to make a decision this year and will continue discussions with the finalists, it said in a statement Thursday.
The list reveals little in terms of geographic preferences, with finalists on both coasts and the heartland. Amazon found it difficult to engage with so many applicants and had to whittle the list to enter the next phase of evaluation.
"Getting from 238 to 20 was very tough - all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan, of Amazon Public Policy, said in a statement. "Through this process we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation."
Whatever city gets chosen will be transformed by Amazon, which has already changed the character of its native Seattle, setting in motion a building boom and rising rents. High paying tech jobs can permanently transform a region and raise the political prospects of the leader who helped seal the deal.
Amazon has said its preferences for the site include a metropolitan location with a population of more than 1 million, mass transit, proximity to an international flight hub and the potential to retain and attract technical talent.
The finalist cities are: Atlanta; Austin, Texas; Boston; Chicago; Columbus, Ohio; Dallas; Denver; Indianapolis; Los Angeles; Miami; Montgomery County, Maryland; Nashville, Tennessee; Newark, New Jersey; New York; Northern Virginia; Philadelphia; Pittsburgh; Raleigh, North Carolina; Toronto; and Washington D.C.
© 2018 Bloomberg LP
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