Amazon new headquarters
Amazon's new headquarters, also known as Amazon HQ2, is a major expansion of the company's operations in the United States. In 2017, Amazon announced that it was searching for a second headquarters location, and after a year-long search, the company selected two locations: Arlington, Virginia, and Nashville, Tennessee.
Here are some key facts about Amazon's new headquarters:
Arlington, Virginia:
- Amazon will invest $2.5 billion in the Arlington location, which will be called Amazon HQ2.
- The campus will be located in the Crystal City neighborhood of Arlington, near Reagan National Airport.
- The campus will span 4 million square feet and will be built in phases over the next decade.
- Amazon expects to create 25,000 new jobs in the Arlington area, with average salaries of over $150,000.
- The company has already begun construction on the campus, with the first phase expected to be completed in 2023.
Nashville, Tennessee:
- Amazon will invest $230 million in the Nashville location, which will be called Amazon HQ3.
- The campus will be located in the SoBro neighborhood of Nashville, near the city's downtown area.
- The campus will span 1 million square feet and will be built in phases over the next decade.
- Amazon expects to create 5,000 new jobs in the Nashville area, with average salaries of over $100,000.
- The company has already begun construction on the campus, with the first phase expected to be completed in 2023.
Benefits and Impact:
- Both locations are expected to have a significant impact on the local economies, generating billions of dollars in economic activity and creating thousands of jobs.
- The new headquarters will also provide a boost to the local tech industry, with Amazon expected to attract other companies and entrepreneurs to the area.
- The company has also committed to investing in local infrastructure, including transportation and education initiatives.
Challenges and Controversies:
- The selection of the two locations was met with controversy, with some critics arguing that the company should have chosen a more diverse range of locations.
- There have also been concerns about the impact of the new headquarters on local housing prices, traffic, and the environment.
- Some critics have also argued that the company's tax incentives and other benefits are too generous, and that the company should be paying more in taxes.
Overall, Amazon's new headquarters are expected to be a major boost to the local economies and tech industries in Arlington and Nashville, but the company will need to navigate the challenges and controversies that come with such a large-scale expansion.