Published: Sun, November 04, 2018
Money | By Ralph Mccoy

DC Suburb Likely To Get Second Amazon Headquarters

DC Suburb Likely To Get Second Amazon Headquarters

It remains unclear whether similar discussions are being held with other cities but if Amazon has indeed honed in on the Washington area for its highly-sought second headquarters, it would be a blow to Toronto.

Amazon has apparently zeroed in on its second North American headquarters - and it's not Boston.

The Washington Post reported that Amazon is said to be mulling how quickly it could move employees, its physical plant and how it could make the decision public, people close to the process told the publication.

The newspaper said the talks were so far advanced that one of the neighbourhood's biggest real estate developers, JBG Smith, had already pulled some of its properties off the market, and officials were considering announcing the move later this month.

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At a conference in NY on Thursday, CEO Jeff Bezos - who said in October that Amazon will decide before the end of the year where HQ2 will be - told attendees the decision would ultimately be based on his intuition.

Separately, other sources claiming knowledge of Amazon's internal decision-making process told CNBC that the decision was "close" and mentioned Northern Virginia and Austin, Texas, noting that HQ2 could be split between the two cities.

The retail giant announced past year that it was looking to open a second headquarters somewhere in the USA, a move that could bring with it as many as 50,000 new jobs. You're not doing Crystal City, VA any favors. He's the owner of The Washington Post and owns a home in the area. "And stop treating the NDA you signed like a used napkin", he said, in reference to the non-disclosure agreement that all finalists had to sign. Amazon declined to comment on his remarks.

The Walsh administration a year ago submitted the Suffolk Downs site in East Boston as the "perfect match" for Amazon's second headquarters.

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