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Amazon Selects NYC and Northern Virginia for New HQs

Phil Hall
Nov 13, 2018

Amazon has announced that it will divide the new headquarters between New York City and Arlington, Va. The two locations will join Seattle as the company’s three North American headquarters.
 
The New York location will be in Long Island City section of Queens, located across the East River from Manhattan, which will employ 25,000 people. Amazon said the city will provide funding through a Payment In Lieu Of Tax (PILOT) program based on Amazon’s property taxes on a portion of the development site to fund community infrastructure improvements. Amazon will provide space on its campus for a tech startup incubator and for use by artists and industrial businesses, and the company will also donate a site for a new primary or intermediary public school.
 
The Arlington location will be based at National Landing, a community located less than three miles from downtown Washington, D.C. Amazon said that it will receive performance-based direct incentives of $573 million based on the creation of 25,000 jobs with an average wage of over $150,000 in Arlington. This includes a workforce cash grant from the Commonwealth of Virginia of up to $550 million based on $22,000 for each job created over the next 12 years. The company is also set to receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.
 
“We are excited to build new headquarters in New York City and Northern Virginia,” said Jeff Bezos, Founder and CEO of Amazon. “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come.”
 
Amazon is also opening a new Center for Excellence for its operations business in Nashville, with the goal of creating 5,000 jobs. Amazon will receive performance-based direct incentives of up to $102 million based on the company creating 5,000 jobs with an average wage of over $150,000 in Nashville, and this includes a cash grant for capital expenditures from the state of Tennessee of $65 million based on the company creating 5,000 jobs over the next seven. The company is also receiving a cash grant from the city of Nashville of up to $15 million based on $500 for each job created over the next seven years, as well as a job tax credit to offset franchise and excise taxes from the state of Tennessee of $21.7 million based on $4,500 per new job over the next seven years.

 
Published
Nov 13, 2018
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