Strickland: Memphis wants to lure new Amazon HQ to city

Strickland: Memphis wants to lure new Amazon HQ to city

Amazon has announced plans to open Amazon HQ2, a second company headquarters in North America.

Amazon CEO Jeff Bezos said he expects the new facility to be quote "a full equal to our Seattle headquarters".

Amazon is now so big, it wants a second headquarters. The company added that the new headquarters could be a downtown campus with a similar layout to the Seattle campus, an 8.1 million square foot area made up of 33 buildings. Amazon's existing Seattle headquarters, which opened in 2010, has brought an additional $38 billion in investments to the local economy, the company said.

Cincinnati-Northern Kentucky International Airport would appear to meet Amazon's criteria, however, with at least one direct flight to each of the cities mentioned. The first phase of the development, scheduled for 2019, will require 500,000 square feet, while the total requirement could reach 8,000,000 square feet beyond 2027.

The company also said that while HQ2 could be an urban or downtown campus with a similar layout to Seattle headquarters, it's not considered a requirement.

"Certainly we're not going to get into a bidding war with another city with something like this, but we'll look and see if amazon's interested", Walsh said.

More news: Korea claims to have developed ICBM h-bomb as Kim Jong-un observes

Amazon is looking for a site in a metropolitan area with over one million inhabitants, in an area that will attract strong technical talent.

Amazon.com, Inc. (NASDAQ:AMZN) is growing like insane, and now it's looking to spread out beyond its Seattle headquarters. Amazon expects the new jobs, many of which will be in software development, to have average salaries of more than $100,000.

Minnesota was among those excitedly jumping into the queue for the $5 billion project. The company listed the possible upsides for the winning city right at the top of the dedicated Amazon HQ2 web page. Achieving that may entail major changes to the company's organizational structure once the new location is operational.

Proposals are due between October 16 and October 19.

Amazon is looking for a city and state that are prepared to offer incentives to the company, the Wall Street Journal reports.

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