Amazon will invest $5bn and create more than 50,000 jobs across the two new headquarters locations, with more than 25,000 employees each in New York City and Arlington, it said in a statement on 13 November.
The new locations will join Seattle as the company’s three headquarters in North America.
In addition, Amazon announced that it has selected Nashville for a new Center of Excellence for its Operations business, which is responsible for the company’s customer fulfillment, transportation, supply chain, and other similar activities.
The new Washington, D.C. metro headquarters in Arlington will be located in National Landing, and the New York City headquarters will be located in the Long Island City neighborhood in Queens. Hiring at both the new headquarters will begin in 2019.
The Operations Center of Excellence will be located in downtown Nashville as part of a new development site just north of the Gulch, and hiring will also begin in 2019.
As part of Amazon’s new headquarters, New York and Long Island City will benefit from more than 25,000 full-time high-paying jobs; approximately $2.5bn in Amazon investment; 4 million square feet of energy-efficient office space with an opportunity to expand to 8 million square feet; and an estimated incremental tax revenue of more than $10bn over the next 20 years as a result of Amazon’s investment and job creation, according to the statement.
Amazon will receive performance-based direct incentives of $1.525bn based on the company creating 25,000 jobs in Long Island City.
As part of Amazon’s new headquarters, Virginia and Arlington will benefit from more than 25,000 full-time high-paying jobs; approximately $2.5bn in Amazon investment; 4 million square feet of energy-efficient office space with the opportunity to expand to 8 million square feet; and an estimated incremental tax revenue of $3.2 billion over the next 20 years as a result of Amazon’s investment and job creation.
Amazon said of the selection: "We were looking for a location with strong local and regional talent—particularly in software development and related fields—to continue hiring and innovating on behalf of our customers."
Amazon began the hunt for new locations for its headquarters in 2017. It received 238 proposals for the same and shortlisted over a dozen cities earlier this year.