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Arlington County, New York City to share Amazon’s HQ2, WSJ reports

//November 12, 2018//

Arlington County, New York City to share Amazon’s HQ2, WSJ reports

// November 12, 2018//

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The Wall Street Journal reported Monday evening that Arlington County and New York City will split Amazon’s HQ2.
       
The Journal report says Amazon is dividing its second headquarters evenly between New York City’s Long Island City and Arlington County’s Crystal City neighborhoods — and the 50,000 jobs and billions of dollars of investment it promises to bring with it.
       
Amazon did not comment on the Journal’s report Monday night. The Journal says the official announcement could come as soon as Tuesday.

The decision follows months of frenzied speculation over which city in North America would win the coveted 8-million-square-foot headquarters with its high-paying salaries and the potential to attract billions of dollars in additional development.
       
Crystal City is across the Potomac River from Washington, D.C., has Metro rail access and is close to Reagan National Airport.
       
In January, Northern Virginia was included on Amazon’s short list of 20 cities it was still considering. Washington, D.C., and Montgomery County, Md., also were on the short list. The high-stakes selection process drew 238 proposals from locations across the U. S., Canada and Mexico, sparking a competitive bidding war of economic incentives.
       
Amazon solicited proposals for HQ2 in September 2017. It said it initially would need 500,000 square feet of space and eventually would expand to a total of 8 million square feet.

Check back at VirginiaBusiness.com for updates on the story.

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