Amazon Planning Massive $5 Billion 'Headquarters 2'; All Major Cities Under Consideration as Location

Amazon.com Inc. just announced that it plans to open a second headquarters in North America to house up to 50,000 employees. 

The company is seeking proposals by Oct. 19 for a location for the structure, which the company said could cost as much as $5 billion to build and operate. Amazon plans to choose a location next year.

“We expect HQ2 to be a full equal to our Seattle headquarters,” said Jeff Bezos, Amazon founder and CEO. “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.”

In choosing the location for HQ2, Amazon has a preference for:

• Metropolitan areas with more than one million people
• A stable and business-friendly environment
• Urban or suburban locations with the potential to attract and retain strong technical talent
• Communities that think big and creatively when considering locations and real estate options

HQ2 could be, but does not have to be:

• An urban or downtown campus
• A similar layout to Amazon’s Seattle campus
• A development-prepped site. We want to encourage states and communities to think creatively for viable real estate options, while not negatively affecting our preferred timeline.

Amazon HQ2 will be a complete headquarters for Amazon – not a satellite office. Amazon expects to hire new teams and executives in HQ2, and will also let existing senior leaders across the company decide whether to locate their teams in HQ1, HQ2 or both. The company expects that employees who are currently working in HQ1 can choose to continue working there, or they could have an opportunity to move if they would prefer to be located in HQ2.

-RW