Cities Try Convincing Amazon They're Ready For Its New Headquarters
Atlanta, Denver and other cities are making their cases for the online giant to locate its second headquarters in their area. At stake: up to 50,000 well-paying jobs and billions in investments.
An official from Toronto has called Amazon's search for the second headquarters "the Olympics of the corporate world."
It's a unique situation of its kind and scale. Typically, cities and states vie for factories or offices behind the scenes. This time, Amazon's public solicitation of bids from essentially all major metropolitan areas in North America has prompted reporters and analysts across the continent to run their own odds on potential winners.
What's at stake?
The top-line pitch is Amazon's promise to invest $5 billion in it would bring up to 50,000 new jobs, with an average salary of more than $100,000.
