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Amazon Selects Both New York City and Arlington for HQ2

Amazon Seattle HQ. Image © Flickr user Joe Behr licensed under CC BY-ND 2.0

Amazon Seattle HQ. Image( c) Flickr user Joe Behr licensed under CC BY-ND 2.0

Amazon has selected New York City and Arlington for it’s next headquarters, set to become two of the biggest economic development projects in the United States. Instead of electing one website, Amazon will spread over$ five billion in building and investments across the two locations. The tech monster will mansion at least 25,000 employees in each city, and could receive more than$ 2 billion in excise motivations. The brand-new announcement intent a 14 -month competition between metropolis across the country.

via Amazon

via Amazon

Gov. Andrew Cuomo of New York said in a declaration stating that “with Amazon committing to expand its headquarters in Long Island City, New York can proudly say that we have attracted one of greater, more competitive economic development investments in U.S. history.” Amazon may receive up to $1.2 billion in motivations from New York state’s Excelsior program, while in Virginia, the company could receive up to $550 million in cash incentives.

In January, Amazon constricted the listing to 20 sites, with places available in nine of the 10 largest parts in the country. The tech company, are stationed in Seattle, selected the finalists from more than 238 an applicant for metropolitans located in Mexico, Canada and the United States, each hoping to raise their world profile and jumping start their individual economies with the 50,000 another job the company “re saying it” are generating. Amazon is now set to become one of greater private tech employers on the Eastern coast, and will start hiring in New York and Virginia in 2019.

News via New York Times

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