Amazon, one of the biggest electronic commerce companies in the world, announced the final list of 20 potential locations for its second headquarters on Jan. 18. Like a group of eager college applicants awaiting their acceptance letters, these 20 candidates will now face-off to prove their value to the e-commerce giant.
To apply, Amazon required the 238 North American cities to include a wide variety of information in their bids such as potential building sites, nearby recreational opportunities, crime statistics and descriptions of the tax incentives available to offset its cost of operation.
While Tulsa originally had a bid in the competition, it was not a finalist. The 20 remaining candidates now face the possibility of reaping a hefty reward.
Amazon recently released an online statement indicating its intention to “invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.”
Furthermore, Amazon predicts that the chosen city will benefit fiscally similar to Seattle’s 38 billion dollar increase as a result of direct investments.
This company, comprised of more than half a million employees worldwide, shipped two billion items to customers on behalf of small businesses last year. More than 100,000 of these starter businesses each made over $100,000 in sales, according to Amazon.com
With the potential for such exponential economic growth, the remaining 20 cities are experiencing bouts of friendly rivalry as they advocate on behalf of their respective communities.
Washington, for example, is the only metropolitan area in the competition to have three cities on the final list. Nineteen of the 20 cities are located in the United States, with Toronto being the only outside representative. Other proposed frontrunners include Boston, Chicago, Los Angeles, Miami and New York City.
The final stretch of the selection process will consist of “diving deeper into their proposals, requesting additional information as necessary and evaluating the feasibility of a future partnership” that can accommodate both future employees and the local community, according to Amazon’s website.
Regardless of the outcome, Amazon has succeeded in creating an atmosphere of anticipation among city officials and entrepreneurs across the country.
Amazon’s decision to make the bidding process a public affair has fostered massive awareness for the powerhouse online retail company.
Amazon recently announced that the chosen location for its second headquarters will be revealed sometime this year.