Amazon Narrows List for Second HQ to 20 Metros

Jan 18, 2018

Half of the metro areas where Amazon is considering for its second headquarters have overvalued housing markets that could become more expensive if the e-commerce giant decides to move in, according to a data analysis by CoreLogic

In what could become the single biggest commercial real estate story of the year, e-commerce giant Amazon has announced a list of 20 metro areas that are under consideration for the location of its proposed second headquarters campus. The company said that it received bids from 238 North American locations. Amazon said it would spend $5 billion on the second headquarters site, which will employ 50,000 people.

The 20 metro areas under consideration are, in alphabetical order, Atlanta; Austin; Boston; Chicago; Columbus, Ohio; Dallas; Denver; Indianapolis; Los Angeles; Miami; Montgomery County, Md.; Nashville; Newark, N.J.; New York City; Northern Virginia; Philadelphia; Pittsburgh; Raleigh, N.C.; Toronto; and Washington, D.C. A final decision is expected later this year.

"Getting from 238 to 20 was very tough—all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan, a senior economic development manager at Amazon.

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Phil Hall

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Jan 18, 2018

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