Economy

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.

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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.



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