Seattle losing Amazon HQ2 no surprise to city leaders

Seattle losing Amazon HQ2 no surprise to city leaders”

Cities like Detroit, Memphis, Tennessee; and Gary, Indiana, failed to make Amazon's first cut as the online giant narrowed its list to 20 prospective sites for the $5 billion project that could employ up to 50,000 people.

Amazon announced its solicitation of North American regions a year ago in a highly-competitive selection process for its second corporate headquarters and received a total of 238 proposals from cities and provinces throughout the US and Canada. The list of finalists strayed from the West Coast (where Amazon originated), and included many locations in the Midwest and on the East Coast - including the cities of Atlanta, Boston, Chicago, Denver, New York and Miami.

He released a statement saying, "It's disappointing we will not be welcoming a new Amazon headquarters to Detroit, but appreciate their continued investment and expansion in MI, including right in the heart of our Comeback City".

The Seattle-based company estimates from 2010-2016, $38 billion was invested back into the city's economy.

The campaign got local tweets and wider notice, including mentions in the New York Times.

Ives said that based on the list of finalists, he said he believes the victor will be an East Coast city that is home to a strong base of intellectual property and technology companies, colleges in the surrounding area, and is also a location that helps serve Amazon's political interests.

More news: Asda and Aldi ban energy drink sales to under-16s

With that sort of money at stake, it is no wonder that cities the length and breadth of three countries vied to make the splashiest bid.

Amazon announced the short-listed cities on Thursday. Some of that growth came from Amazon's almost $14 billion acquisition past year of natural foods grocer Whole Foods and its 89,000 employees. He wished Toronto well, but said he hadn't picked up the phone to extend his best wishes to Mayor John Tory because "I don't feel that is my role". Amazon says HQ2, as it has been dubbed, will be a full equal to its existing corporate centre.

Eisenberger said the proposal gives the city an up-to-date portfolio of "assets we have that we should be proud of and continue to sell". Texas' Austin and Dallas made the cut, as did Philadelphia and Pittsburgh in Pennsylvania.

State Senate President Stephen Sweeney, D-Gloucester, said he believes the plan - which the state Legislature passed earlier this month - helped Newark make the list.

"In the last decade, Newark has experienced unparalleled growth, paving the way for many new companies to call our city home", Booker said.

"We wanted them to consider Somerville based on who we are and what we are, our diversity and our knowledge-based workforce", Proakis said.

Like this



19 January 2018
Henry Schein, Inc. (HSIC) ended its day with the change of 0.41%
Bbva Compass Bancshares Inc decreased Lowe's Companies Inc (NYSE:LOW) stake by 4,362 shares to 53,880 valued at $4.31M in 2017Q3. After $0.26 actual EPS reported by Physicians Realty Trust for the previous quarter, Wall Street now forecasts 3.85% EPS growth.

19 January 2018
Hope North Korea sees value in ending worldwide isolation: White House
The name "Samjiyon Orchestra" has never appeared in North Korean media, although it has publicized a Samjiyon Band. With increasing aggression from North Korea in recent months, the development is a little concerning for some.

19 January 2018
Davis RM Inc. Has $13.99 Million Stake in Northrop Grumman Co. (NOC)
The stock of Nielsen Holdings plc (NYSE:NLSN) has "Equal Weight" rating given on Tuesday, January 10 by Barclays Capital. Moreover, Thompson Siegel Walmsley Lc has 0.06% invested in Northrop Grumman Corporation (NYSE:NOC) for 16,317 shares.

19 January 2018
What Do Analysts Suggest For AstraZeneca PLC (AZN)
The stock of Agnico Eagle Mines Limited (NYSE:AEM) has "Buy" rating given on Wednesday, July 13 by Desjardins Securities. Liberum Capital's price target would indicate a potential upside of 27.17% from the stock's previous close.

19 January 2018
Keith Urban announces tour, Colorado concert
Keith Urban is gearing up for a big year, and it's all starting with a brand-new album... and corresponding tour. BLACK RIVER ENTERTAINMENT's KELSEA BALLERINI will be URBAN's special guest for the majority of the tour dates.

19 January 2018
CAPROCK Group Inc. Cuts Holdings in Crown Castle International Corp. (REIT) (CCI)
The company has a market capitalization of $42,788.89, a PE ratio of 88.36, a P/E/G ratio of 1.29 and a beta of 0.23. Among 20 analysts covering Crown Castle International Corp (NYSE:CCI), 13 have Buy rating, 0 Sell and 7 Hold.

19 January 2018
Griffin, Clippers top Nuggets for sixth win in a row
Lou Williams is averaging 23.3 points and five assists while Blake Griffin is averaging 22.4 points and 7.6 rebounds. The model simulated Wednesday's game 10,000 times and locked in against-the-spread, over-under and money line picks.

19 January 2018
Night in the Woods Receives Switch Release Date
According to the game's official Twitter account, the Switch version will launch on the North American eShop on 1st February. During Night in the Woods , players will be able to control Mae as she learns new mechanics throughout the game.

19 January 2018
Senators who didn't recall Trump using vulgarity backtrack
A bipartisan group of senators said last week they had reached a deal on DACA, but the White House had not signed off. Trump sparked domestic and worldwide backlash after reports surfaced that he made vulgar remarks as Durbin and Sen.

19 January 2018
De Blasio discusses Manhattan congestion pricing
Driving a auto into the busiest parts of Manhattan could cost $11.52 under a proposal prepared for New York's governor. Opponents, like Mayor Bill de Blasio, say that the tolls would be a burden on the lower and middle class.