Amazon to invest $2.5 billion each in Arlington and Long Island City as HQ2 locations

The online retail giant to create 25,000 new jobs each in Virginia and New York

Arlington County, Image Credit: Arlington County/ Wikimedia Commons

Amazon will invest $2.5 billion in Arlington to set up its HQ2 which will be split in Norther Virginia and New York with 25,000 new employment opportunities in each location.

“As part of Amazon’s new headquarters, Virginia and Arlington will benefit from more than 25,000 full-time high-paying jobs; approximately $2.5 billion 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,” the online retail giant said in a statement.

Amazon confirmed earlier reports that the its second headquarters will be housed in New York and Arlington.

In Arlington, Amazon has selected National Landing, an urban community located less than 3 miles from downtown Washington, D.C, and served by 3 Metro stations, commuter rail access, and Reagan National Airport – all within walking distance, the company said.

“The community has a variety of hotels, restaurants, high-rise apartment buildings, retail, and commercial offices. National Landing has abundant parks and open space with sports and cultural events for residents of all ages throughout the year.”

Governor Ralph Northam has hailed Amazon’s creation of 25,000 jobs in Virginia.

In New York, the HQ2 will be located in Long Island City, just across the East River from Midtown Manhattan and the Upper East Side.

“Long Island City is a mixed-use community where arts and industry intersect. It is a diverse community with a unique blend of cultural institutions, arts organizations, new and converted housing, restaurants, bars, breweries, waterfront parks, hotels, academic institutions, and small and large tech sector and industrial businesses. Long Island City has some of the best transit access in New York City, with 8 subway lines, 13 bus lines, commuter rail, a bike-sharing service, and ferries serving the area, and LaGuardia and JFK airports are in close proximity.

“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 $2.5 billion 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 $10 billion over the next 20 years as a result of Amazon’s investment and job creation,” the tech giant said.

The two locations will join Seattle as the company’s three headquarters in North America.

Besides, Amazon announced that it has selected Nashvillefor 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 Operations Center of Excellence inNashville will create more than 5,000 jobs.

Categories
AmazonVirginiaVirginia EconomyWashington D.C.

Ali Imran is a writer, poet, and former Managing Editor Views and News magazine
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