The Denver Post

Amazon receives 238 proposals for new site

Online retail giant looking for home for its second headquarte­rs

- By Jonathan O’Connell

The tally is in: Amazon received 238 proposals from cities, states, districts and territorie­s interested in becoming home to the company’s second headquarte­rs.

The online retail giant published a map Monday showing that bids came from D.C. and all but seven states — Arkansas, Hawaii, Montana, North Dakota, South Dakota, Vermont and Wyoming — as well as from most of southern Canada, three regions of Mexico and Puerto Rico.

Colorado is among those submitting bids.

Last month, Amazon announced that it wanted to open a second North American headquarte­rs, setting off a scramble among economic developmen­t officials from the United States, Canada and Mexico eager for as many as 50,000 jobs and $5 billion in investment the company says it plans to make in another city.

Seattle-based Amazon and its founder, Jeffrey P. Bezos, who owns The Washington Post, began the search for “HQ2” by publishing its criteria online. Bezos issued a statement saying he expected the new location “to be a full equal to our Seattle headquarte­rs. Amazon HQ2 will bring billions of dollars in upfront and ongoing investment­s, and tens of thousands of high-paying jobs. We’re excited to find a second home.”

If Amazon fulfills its plan to add 50,000 jobs and 8 million square feet of office space in another city, it will amount to the largest corporate move in decades, although the company plans to maintain its current Seattle headquarte­rs. Some governors and mayors have already begun floating subsidies of as much as $7 billion, while others have filmed online videos or launched marketing campaigns aligned with their bids. On the day bids were due, Oct. 19, buildings across New York City were lit orange to match the company’s logo.

The next step is for Amazon’s real estate team to sort through the bids and decide which proposals to consider more closely. It plans to make a decision early next year.

But urban policy analysts have warned that jurisdicti­ons ought to tread lightly when offering single corporatio­ns large subsidies, arguing that investing in workforce, education and transporta­tion tends to be a better bet for economic growth.

To accommodat­e the company’s growth in Seattle, taxpayers funded hundreds of millions of dollars in improvemen­ts, although Amazon directly contribute­d $30 billion to the local economy.

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