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L.A. Loses Out In Amazon HQ2 Sweepstakes

Posted Tuesday, November 13, 2018 - 12:46 pm

(CNS) – Amazon made it official Tuesday following several days of media speculation, with company officials announcing that they have chosen to build additional headquarters at two locations on the East Coast.

In January, the Los Angeles region was named one of 20 finalists out of 238 proposals Amazon received to become home to its planned second headquarters, but the company chose sites in New York’s Long Island City and Arlington, Virginia. Los Angeles was the only California city chosen as a finalist, and Denver the only other city in the western United States.

The Los Angeles region’s bid included three sites within the city and a total of nine around Los Angeles County.

The Los Angeles Economic Development Corporation led the region’s bid, and CEO Bill Allen downplayed the loss, pointing out the company’s already significant presence in the county.

“While Amazon has chosen to build its HQ2 elsewhere, the company is already a huge and very fast growing employer in the L.A. region and we expect to see that growth continue,” Allen said. “With Amazon Studios in Culver City, a corporate office and newly acquired Ring in Santa Monica, numerous Whole Foods and Amazon Book Stores throughout our communities (with Amazon Go stores on the way), and many distribution and fulfillment centers in greater L.A., Amazon already employs thousands throughout our region and those numbers are growing rapidly as Angelinos employed at those Amazon operations continue to help define the company’s offerings and power its growth.”

The two chosen regions reflect what some analysts had expected — that the company would want to diversify geographically away from the West Coast since its main headquarters are in Seattle.

“These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come,” Amazon CEO Jeff Bezos said. “The team did a great job selecting these sites, and we look forward to becoming an even bigger part of these communities.”

CNS-11-13-2018 10:04

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