Amazon to announce new headquarters in New York City, Virginia

One of the areas that Amazon is considering for a headquarters is Long Island City

One of the areas that Amazon is considering for a headquarters is Long Island City

The Wall Street Journal, quoting people familiar with the negotiations, reported the imminent announcement Monday night. It received applications from 238 candidate locations, which Amazon whittled down to 20 finalist cities by January 2018. The decision effectively gives Amazon a major presence in three coastal cities.

During the bidding process, neither Northern Virginia, nor NY disclosed much detail about their incentive offers to Amazon.

For the winners, though, Amazon validated that NY and Washington, D.C. have the environment needed by fast-growing, technology-driven companies.

Already, the NY project has drawn criticism from state Sen.

Once a bustling factory and freight-moving area, Long Island City saw many of its plants and warehouses closed as manufacturing shriveled in New York City.

Dallas and Austin were among the 20 finalists - 19 in the USA plus Toronto - in what became a yearlong search for a suitable second-but-equal headquarters to Amazon's original Seattle home. It had said the new location would house roughly 50,000 jobs and represent billions in investments.

The Circle City was among the 20 final cities that were being considered by the Seattle-based company.

Amazon then revealed it would be building two new headquarters.

New York Gov. Andrew Cuomo said New York has prepared a "great incentive package" to lure Amazon to the area, The New York Times reported.

However, the split could also mean economic benefits for the hosts will be muted relative to expectations, especially given the selected cities' size versus some of the other contenders. Some city officials said they would have tailored their proposals to match that need, while others said they thought it increased their city's chances. It promised to hire new teams and executives for its new location, saying it would be a "complete headquarters for Amazon - not a satellite office".

This story will be updated as more information becomes available. The company also weighed whether it would be one of the largest companies in a city, something that might make it a magnet for the same kind of scrutiny it receives in Seattle over social problems.

What followed was months of speculation and reports of under-the-radar assessments and site visits by Amazon representatives.

The company had originally said, in September 2017, that it would spend more than $5 billion and add up to 50,000 workers at a single location for its second headquarter.

"This was really a platform for Amazon to market its transition from traditional e-commerce" into a major tech company creating jobs across industries, said John Boyd, principal at site-selection consultancy the Boyd Co.

But Long Island City has also been straining to handle its growth.

Amazon's decision leaves a group of cities that expended months of resources and time without a clear reward.

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