Economy

Amazon reportedly planning to split HQ2 between two cities

Amazon reportedly planning to split HQ2 between two cities”

The e-commerce giant a year ago announced plans to invest US$5 billion in a second headquarters and hire up to 50,000 people, setting off a frenzy of interest from cities in the USA and Canada.

Retail giant Amazon Inc. is in "advanced talks" to open its second headquarters in the Washington, D.C., metropolitan area, The Washington Post reported Saturday.

While sources told the Journal the final locations have not yet been chosen, The Washington Post reported over the weekend that Amazon was in late stage talks with Crystal City, Virginia, which is part of Arlington.

HQ2 is slated to start operating in 2019, which means that Amazon will have to be ready to hit the ground running with their new headquarters.

In January, Chicago made the list of 20 finalists from across the nation for the online retailer's "HQ2", a new campus equivalent to its original Seattle headquarters where the company says it expects "to invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs".

There has been recent conflicting reports on where Amazon will park it.

This is a developing story - check back for additional details.

After naming 20 finalist cities this January, Amazon plans to announce a victor city by year's end. He also warned: "And stop treating the NDA you signed like a used napkin".

Bob Swindell, head of the Greater South Florida Chamber in Broward, said he would not comment on new reports because, "We want to remain on great terms with them by adhering to our agreement as they navigate through their site selection process", he said.



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