US cities in bidding war for Amazon’s new $6 billion headquarters

Amazon is on the hunt for a second headquarters in the United States where it could house its 50,000 staff.

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Amazon.com is searching for a location to build its second headquarters in North America. Source: AAP

Amazon.com is searching for a location to build its second headquarters in North America that would cost more than $US5 billion ($A6.2 billion) and house up to 50,000 staff.

The e-commerce company, which is headquartered in Seattle, said on Thursday it was seeking proposals from local and state government leaders, and would select the location next year.
Amazon's workforce has exploded to more than 380,000 from under 25,000 since it moved to Seattle in 2010, as it rapidly expanded to become a global retailer - selling everything from groceries to appliances.

The company's total revenue has grown to $US136 billion at the end of last year from $US34 billion in 2010. Amazon recently snatched up Whole Foods Market for $US13.7 billion.

Amazon said the new headquarters should ideally be located in a metropolitan area with more than one million people, potentially giving the company a shopping list of more than 50 cities to choose from.

The project would initially need more than 500,000 square feet and up to 8 million square feet beyond 2027, Amazon said.

"We want to find a city that is excited to work with us and where our customers, employees, and the community can all benefit," Amazon said.

Amazon is looking for a favourable tax structure and local government subsidies, incentives that have attracted other companies like Taiwan-based Foxconn to build facilities in the United States.

Foxconn plans to build a $US10 billion liquid crystal display factory in Wisconsin.

The state's Republican-controlled government had voted to approve a bill aimed at establishing a $US3 billion incentive package for the plant.

Amazon expects the new headquarters to be a "full equal" to its Seattle office, Chief Executive Jeff Bezos said in a statement.

The Seattle campus is spread across 8.1 million square feet in 33 buildings and employs more than 40,000 people.

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Published 8 September 2017 7:58am
Updated 8 September 2017 10:42am
Source: AAP


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