Amazon $AMZN HQ2: 50,000 High-Paying Jobs, $5 Billion Investment

Amazon HQ2: 20 finalists (source: Amazon.com)
238 applications were received by Amazon.com Inc. (NASDAQ: AMZN) for its second headquarters, HQ2, and now there are only 20 finalists (see map above).
Amazon Press Release Jan. 18, 2018: Amazon expects to create 50,000 high-paying jobs and invest over $5 billion in the city where it opens HQ2, a full equal to its Seattle HQ ... Amazon reviewed 238 proposals from across the U.S., Canada, and Mexico to host HQ2, the company’s second headquarters in North America. Today, Amazon announced it has chosen the following 20 metropolitan areas to move to the next phase of the process (in alphabetical order): 
Atlanta, GA - Austin, TX - Boston, MA - Chicago, IL - Columbus, OH - Dallas, TX - Denver, CO - Indianapolis, IN - Los Angeles, CA - Miami, FL - Montgomery County, MD - Nashville, TN - Newark, NJ - New York City, NY - Northern Virginia, VA - Philadelphia, PA - Pittsburgh, PA - Raleigh, NC - Toronto, ON -Washington DC
Editor's note: the dark horse candidate in the above list is Miami--most of its bid details are being kept secret except it is known that the bid offers five undisclosed sites in Miami-Dade County (including more than one site in downtown Miami--see embedded tweet below), two from Broward County and one from Palm Beach County. The Miami area has long been favored by transplants from the northeast U.S., as well as Europeans and Latin Americans and now, increasingly, Chinese--Why Chinese Investors Love Miami, The 'Hong Kong Of The West' | Forbes.com. And Miami has one advantage the others don't: Amazon founder Jeff Bezos lived in Miami when he was younger, graduating as class valedictorian from Miami Palmetto High School in 1982.

See also: Miami mayor says three sites in city in play for Amazon HQ2 | South Florida Business Journal | bizjournals.com Jan 18, 2018.

Amazon estimates its investments in Seattle, from 2010 through 2016 resulted in an additional $38 billion to the city’s economy – every dollar invested by Amazon in Seattle generated an additional $1.40 for the city’s economy overall.

FAQs: Answers from Amazon:

What is Amazon HQ2? HQ2 will be the second Amazon headquarters in North America. We are looking for a location with strong local and regional talent—particularly in software development and related fields—as well as a stable and business-friendly environment to continue hiring and innovating on behalf of our customers.

How have you selected the 20 candidate locations? We evaluated each of the proposals based on the criteria outlined in the RFP to create the list of 20 HQ2 candidates that will continue in the process.

What are the next steps of this selection process? 
In the coming months, Amazon will work with each of the candidate locations to dive deeper into their proposals, request additional information as necessary, and evaluate the feasibility of a future partnership that can accommodate our hiring plans as well as benefit our employees and the local community. We expect to make a decision in 2018.

What will be the benefits for the city finally selected to host your second headquarters? We expect to invest over $5 billion and grow our second headquarters location to be a full equal to Amazon’s current campus in Seattle, creating as many as 50,000 high-paying jobs. In addition to Amazon’s direct hiring and investment, construction and operation of HQ2 is expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community. Amazon estimates its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city’s economy – every dollar invested by Amazon in Seattle generated an additional $1.40 for the city’s economy overall.

Why is Amazon choosing its second headquarters location via a public process? We want to find a city that is excited to work with us and where our customers, employees, and the community can all benefit.

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