SEATTLE—Already domiciled at an 8.1-million-square-foot campus in its hometown of Seattle, Amazon is looking for a second headquarters city. The world's largest online retailer on Thursday said it expects to spend $5 billion building Amazon HQ2 somewhere in North America, and ultimately employ up to 50,000 people there.
To that end, Amazon has issued a Request for Proposals to local and state governments interested in learning more about how they might vie for the headquarters location. The company made it clear that HQ2 would be a full-fledged headquarters, rather than a satellite office.
“We expect HQ2 to be a full equal to our Seattle headquarters,” says Amazon's founder and CEO, Jeff Bezos. “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We're excited to find a second home.”
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
