After 14 long months of deliberation and competition, Amazon, the online shopping giant, has settled on both Queens, New York and Arlington, Virginia for their two new headquarters. Both cities receive an impressive 25,000 jobs that have an approximate salary of $150,000 US.
While both cities are ecstatic about the new ventures, they are going to pay to have the headquarters. New York is spending over $1.5 billion US in tax credits along with other promised incentives, and Arlington is shelling out over $570 million US. Representatives for the communities have stated that they hope the Amazon headquarters is going to not only boost economics, but also draw the attention of other high-profile companies.
Amazon started as an online bookstore 20 years ago and has grown into a behemoth with just over $180 billion US in sales last year alone. Amazon has over 610,000 employees worldwide, and the idea of 50,000 news jobs had over 280 communities in North America bidding for the new headquarters.
While Amazon narrowed their lists down to 20, they had the opportunity of picking small, American cities that were desperate for new jobs. Instead, they chose two of the United State’s most prominent and influential metropolitan areas. Amazon stated that they are the best suited for attracting the highly skilled employees that Amazon wants as part of their team. Amazon has also reported that they are going to spend $5 billion US of their money, and divide it between the Queens and Arlington locations. Hiring for the new headquarters is going to start next year; however, it might take over a decade for full office completion.
Amazon selected the communities so they are purposely away from overcrowded business districts to leave room for expansion, and both Arlington and Queens, New York are waterfront communities. The new locations are going to be referred to as headquarters, but its hometown of Seattle location houses over 45,000 employees and is still going to remain one of three Amazon headquarters.