WHITE PLAINS—Westchester County Executive Robert Astorino announced on Tuesday that the county would be submitting a proposal to Amazon for the e-commerce giant's second corporate headquarters, a deal that could bring 50,000 jobs and $5 billion in total investment to this New York City suburb.
Westchester County joins a long list of municipalities in the Northeast and across the country vying for Amazon's second headquarters, dubbed Amazon HQ2, which would initially involve a 500,000 square-foot facility but in time would grow to 8 million square feet of space. Seattle-based Amazon released an RFP for the second headquarters earlier this month.
“Westchester has everything Amazon is looking for and more: talent, accessibility, quality of life, value and locations, locations, locations,” said Astorino. “Amazon laid out the criteria and Westchester matches them, making Westchester the smart choice for Amazon.”
Astorino, who had a drone deliver his speech in an Amazon box at the press event in front of the Westchester County Center, said that the county would offer Amazon a number of possible locations, including vacant buildings once occupied by IBM and PepsiCo in Somers, vacant office buildings along the I-287 corridor, as well as possible development sites in White Plains, New Rochelle and Mount Vernon.
Somers Town Supervisor Rick Morrissey said that the former IBM facility in Somers could provide Amazon with 1 million square feet of move-in-ready space, while PepsiCo's former offices nearby could provide another 540,000 square feet of move-in-ready space.
The County Executive touted Westchester's quality of life, transportation network, as well as its office space that is half the cost (of New York City). He added that the county and its Industrial Development Agency are prepared to offer incentives to Amazon in connection with its headquarters requirement. The county's Economic Development Department is also working with New York State's Empire State Development “to ensure that we have the most competitive package available,” he said.
The ESD is offering assistance to prospective municipal or county bidders for the Amazon headquarters requirement. An ESD spokesperson had no comment on the exact process or incentives that would be provided. ESD president, CEO and commissioner Howard Zemsky said in a prepared statement, “Amazon, with its significant footprint in New York State, knows first-hand that we have the infrastructure, business climate and workforce necessary for businesses to succeed. This project is a major opportunity and New Yorkers should know that we will be doing everything we can to attract Amazon HQ2—and 50,000 jobs—to the Empire State.”
It is believed New York City will be making a proposal, as well as the City of Buffalo and perhaps Albany and other eligible MSAs in New York State. Globest.com has learned that New York State has hired the brokerage firm Newmark Knight Frank as a consultant in its efforts to land Amazon HQ2 requirement.
There have been a host of reports of other potential bidders for the requirement, including Chicago and New Jersey, for example.
Economic development officials in Westchester, New York State and elsewhere are under the gun with an Oct. 19th deadline to submit proposals. According to Amazon's RFP, Amazon will make announce its winning selection sometime in 2018.
Astorino said that Westchester fills all of Amazon's key requirements including being situated in a metropolitan area with more than 1 million people, having a stable business environment, offering both urban and suburban locations, possessing a talented workforce, providing access to mass transit and major highways as well as being within 45 minutes of an international airport.
Earlier this month, Amazon announced plans to build a $100-million fulfillment center in Staten Island and also reported a lease deal for 360,000 square feet in Manhattan. Amazon said the Staten Island fulfillment center would employ 2,200 operations workers, while the new office at 5 Manhattan West would create more than 2,000 new jobs in the next three years.
Astorino asserted the major investments by Amazon in Staten Island and Manhattan bodes well for New York State and possibly Westchester County. “They are looking for their second world headquarters and what better places than the two coasts. They have one headquarters in Downtown Seattle and they have an area in New York City and now they can have a very large location in an area that is half the cost of New York City that offers everything they are looking for, especially a talent pool they could attract as employees, which I think gives us a leg up,” he said.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.