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I don't want to work in NYC but I'm happy it's pissing off that macarena lady. https://blog.aboutamazon.com/c...for-new-headquarters Amazon selects York City and Arlington. The new locations will join Seattle as the company’s three headquarters in North America. In addition, Amazon announced that it has selected Nashville for 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 in Nashville will create more than 5,000 jobs. The new Washington, D.C. metro headquarters in Arlington will be located in National Landing, and the New York City headquarters will be located in the Long Island City neighborhood in Queens. Amazon’s investments in each new headquarters will spur the creation of tens of thousands of additional jobs in the surrounding communities. Hiring at both the new headquarters will begin in 2019. The Operations Center of Excellence will be located in downtown Nashville as part of a new development site just north of the Gulch, and hiring will also begin in 2019. “We are excited to build new headquarters in New York City and Northern Virginia,” said Jeff Bezos, founder and CEO of Amazon. “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come. The team did a great job selecting these sites, and we look forward to becoming an even bigger part of these communities.” Amazon in Long Island City in New York City Located 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. Amazon will receive performance-based direct incentives of $1.525 billion based on the company creating 25,000 jobs in Long Island City. This includes a refundable tax credit through New York State’s Excelsior Program of up to $1.2 billion calculated as a percentage of the salaries Amazon expects to pay employees over the next 10 years, which equates to $48,000 per job for 25,000 jobs with an average wage of over $150,000; and a cash grant from Empire State Development of $325 million based on the square footage of buildings occupied in the next 10 years. Amazon will receive these incentives over the next decade based on the incremental jobs it creates each year and as it reaches building occupancy targets. The company will separately apply for as-of-right incentives including New York City’s Industrial & Commercial Abatement Program (ICAP) and New York City’s Relocation and Employment Assistance Program (REAP). The community will benefit from New York City providing funding through a Payment In Lieu Of Tax (PILOT) program based on Amazon’s property taxes on a portion of the development site to fund community infrastructure improvements developed through input from residents during the planning process. Amazon has agreed to donate space on its campus for a tech startup incubator and for use by artists and industrial businesses, and Amazon will donate a site for a new primary or intermediary public school. The company will also invest in infrastructure improvements and new green spaces. “When I took office, I said we would build a new New York State – one that is fiscally responsible and fosters a business climate that is attractive to growing companies and the industries of tomorrow. We’ve delivered on those promises and more, and today, with Amazon committing to expand its headquarters in Long Island City, New York can proudly say that we have attracted one of the largest, most competitive economic development investments in U.S. history,” said Governor Andrew M. Cuomo of New York. “With an average salary of $150,000 per year for the tens of thousands of new jobs Amazon is creating in Queens, economic opportunity and investment will flourish for the entire region. Amazon understands that New York has everything the company needs to continue its growth. The State’s more than $100 billion transportation infrastructure program – the most ambitious in our history – combined with our education initiatives like K-12 tech education and the first-in-the-nation Excelsior Scholarship program, will help ensure long-term success and an unrivaled talent pool for Amazon.” “This is a giant step on our path to building an economy in New York City that leaves no one behind. We are thrilled that Amazon has selected New York City for its new headquarters,” said Mayor Bill de Blasio of New York City. “New Yorkers will get tens of thousands of new, good-paying jobs, and Amazon will get the best talent anywhere in the world. We’re going to use this opportunity to open up good careers in tech to thousands of people looking for their foothold in the new economy, including those in City colleges and public housing. The City and State are working closely together to make sure Amazon’s expansion is planned smartly, and to ensure this fast growing neighborhood has the transportation, schools, and infrastructure it needs.” Amazon in National Landing in Arlington, Virginia National Landing is an urban community in Northern Virginia located less than 3 miles from downtown Washington, D.C. The area is served by 3 Metro stations, commuter rail access, and Reagan National Airport – all within walking distance. 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. 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. Amazon will receive performance-based direct incentives of $573 million based on the company creating 25,000 jobs with an average wage of over $150,000 in Arlington. This includes a workforce cash grant from the Commonwealth of Virginia of up to $550 million based on $22,000 for each job created over the next 12 years. Amazon will only receive this incentive if it creates the forecasted high-paying jobs. The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms. The community and Amazon employees will benefit from the Commonwealth investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yards Metro stations; a pedestrian bridge connecting National Landing and Reagan National Airport; and work to improve safety, accessibility, and the pedestrian experience crossing Route 1 over the next 10 years. Arlington will also dedicate an estimated $28 million based on 12% of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing. “This is a big win for Virginia – I’m proud Amazon recognizes the tremendous assets the Commonwealth has to offer and plans to deepen its roots here,” said Governor Ralph Northam of Virginia. “Virginia put together a proposal for Amazon that we believe represents a new model of economic development for the 21st century, and I’m excited to say that our innovative approach was successful. The majority of Virginia’s partnership proposal consists of investments in our education and transportation infrastructure that will bolster the features that make Virginia so attractive: a strong and talented workforce, a stable and competitive business climate, and a world-class higher education system.” “We are proud that Amazon has selected National Landing for a major new headquarters. This is, above all, a validation of our community’s commitment to sustainability, transit-oriented development, affordable housing, and diversity,” said Arlington County Board Chair Katie Cristol. “The strength of our workforce coupled with our proximity to the nation’s capital makes us an attractive business location. But Arlington’s real strength is the decades of planning that have produced one of the most vibrant, civically engaged communities in the world. Those plans have paved the way for this investment, and we look forward to engaging the Arlington community about Amazon’s plans and how we can grow together.” Amazon’s new Operations Center of Excellence in Nashville Downtown Nashville, along the Cumberland River, is the heart of the city just north of the Gulch and is home to urban living, retail, restaurants, entertainment venues, hospitality, open green spaces, and offices. The area is served by commuter rail, more than a dozen bus routes, and is a 15-minute drive to Nashville International Airport. As part of Amazon’s investment, Tennessee, Davidson County and the city of Nashville will benefit from 5,000 full-time, high-paying jobs; over $230 million in investment; 1 million square feet of energy-efficient office space; and an estimated incremental tax revenue of more than $1 billion over the next 10 years as a result of Amazon’s investment and job creation. Amazon will receive performance-based direct incentives of up to $102 million based on the company creating 5,000 jobs with an average wage of over $150,000 in Nashville. This includes a cash grant for capital expenditures from the state of Tennessee of $65 million based on the company creating 5,000 jobs over the next 7 years, which is equivalent to $13,000 per job; a cash grant from the city of Nashville of up to $15 million based on $500 for each job created over the next 7 years; and a job tax credit to offset franchise and excise taxes from the state of Tennessee of $21.7 million based on $4,500 per new job over the next 7 years. “We want to thank Amazon for its continued investment in the state of Tennessee and are excited about the additional 5,000 corporate jobs they will be creating in Nashville,” said Governor Bill Haslam of Tennessee. “It has never been clearer that Tennessee is a great place to do business, and we continue to attract a wide variety of global companies that provide high-paying, quality jobs for our residents.” “Amazon’s decision to expand its presence in Nashville is a direct result of the talented workforce and strong community we’ve built here,” said Mayor David Briley of Nashville. “These are quality, high-paying jobs that will boost our economy, provide our workers with new opportunities, and show the rest of the world that Nashville is a premiere location for business investment. We thank Amazon for investing in Nashville, and we look forward to welcoming them to this community.” With more than 610,000 employees worldwide, including over 250,000 in North America, Amazon ranks #1 on American Customer Satisfaction Index, #2 on Fortune’s World’s Most Admired Companies, #1 on The Harris Poll’s Corporate Reputation survey, and #1 on LinkedIn’s U.S. Top Companies, a ranking recognizing the most desirable workplaces in the country. Amazon was also recently included in the Military Times’ Best for Vets list of companies committed to providing opportunities for military veterans. All economic impact and incentive figures are best estimates calculated by relevant entities in each of the selected communities based on current information. FAQ 1. Why did Amazon pick more than one location for its new headquarters? We can recruit more top talent by being in two locations. These are fantastic cities that attract a lot of great talent. 2. What differentiates the two new headquarters locations from the corporate offices and development centers Amazon has across the U.S. and around the world? Amazon’s biggest office outside of Seattle in the U.S. has 3,100 employees – we are planning to grow both these new headquarters to over 25,000. These headquarters locations will have far more employees, senior leaders, and we will do more cross-company meetings and events at these headquarters, including company-wide All Hands meetings, Shareholder Meetings, Board of Directors meetings, and more. 3. How did you pick New York City and Northern Virginia as headquarters? We were looking for a location with strong local and regional talent—particularly in software development and related fields—to continue hiring and innovating on behalf of our customers. 4. Where will the headquarters be located in New York City and Arlington? Amazon in Northern Virginia is in National Landing in Arlington Map of the Arlington area with a pin placed to illustrate the location of a new Amazon headquarters. Download the map here. Amazon in New York City is in the Long Island City neighborhood in Queens Map of the New York City area with a pin placed to illustrate the location of a new Amazon headquarters. Download the map here. 5. What is the Operations Center of Excellence and where will it be located in Nashville? Our Retail Operations division handles customer fulfillment, customer service, transportation, and supply chain, amongst others. The Operations Center of Excellence will be the Eastern U.S. regional hub for the tech and management functions of this division. It will be located in downtown Nashville just north of The Gulch. Amazon Operations Center of Excellence is north of the Gulch in downtown Nashville Map of the Nashville area with a pin placed to illustrate the location of a new Amazon Operations Center of Excellence. Download the map here. 6. What role did economic incentives play in Amazon picking these locations and what incentives have been agreed? Economic incentives were one factor in our decision—but attracting top talent was the leading driver. Our agreements with each location may be downloaded: New York City, New York here Arlington, Virginia here and here Nashville, Tennessee here and here 7. Are you continuing to hire in the Seattle area? Yes. We currently have more than 8,000 positions open and over 45,000 Amazonians in the Seattle area | ||
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Ammoholic |
Sucks, they didn't choose site four miles from my house, but still chose NoVA so I get the traffic with no house value bump. Jesse Sic Semper Tyrannis | |||
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| Get my pies outta the oven!  |
I knew from day one they would never pick tax-happy Philly. No way, no how. It makes sense to do what they are doing if you think about it; they are now near The Swamp AND the financial capital of the world and can keep in the good graces of both. | |||
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Now in Florida |
How could it ever make sense to open a facility in NYC? Even with the tax breaks and subsidies. | |||
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| Member |
It'll be convenient when the entire stock market is hosted on AWS. | |||
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| Member |
There still building in Loudoun County, I actually plan on moving there next year. | |||
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| Ammoholic |
AWS and logistics only, I wanted the high paying jobs from corporate. Jesse Sic Semper Tyrannis | |||
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| Big Stack |
Because NYC has and continues to attract a huge amount of technical and media talent. It's rapidly becoming the east coast hub of the technology industry. NYC also has a large technical education base. There are two major private universities, they entire City University system, and a number of smaller private colleges (some technically orientied.) Also, literally yards away (as the crow flies. There a river in the way) Cornell university has built and is expanding a major technology campus. I figure Amazon will plug right into that for recruiting. I actually don't see this as being any kind of "headquarters". I do see it as being a major software development and content creation center. Lost in this announcement is that Google, who already has a large presence in NYC, it going to open another 8,000 person operation in downtown Manhattan.
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Member |
This is the main reason NYC was awarded the HQ: http://www.fox5ny.com/news/48k-per-amazon-hq-job ——————————————— The fool hath said in his heart, There is no God. Psalm 14:1 | |||
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| It's not easy being me |
Ohhh, yay.....more people moving to Nashville...  _______________________________________ Flammable, Inflammable, or Nonflammable....... Hell, either it Flams or it doesn't!! (George Carlin) | |||
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| Lawyers, Guns and Money  |
^^^ Wow! I'm sick and tired of all of the "special deals" for big businesses, while small business gets screwed at every turn... NY taxpayers to pay $48,000 per Amazon HQ job photo New York state is kicking in more than $1.5 billion in taxpayer-funded incentives for getting half of Amazon's second headquarters located in a section of Queens. The Seattle-based company made its long-awaited announcement Tuesday, saying Long Island City and Alexandria, Virginia, will each get 25,000 jobs. The online retailer also said it will open an operations hub in Nashville, creating 5,000 jobs. Amazon will also receive as-yet unspecified incentives from New York City. New York state's incentives are nearly triple those of Virginia's, while Tennessee's are $102 million. According to Amazon, the cost per job for New York taxpayers is $48,000, compared to $22,000 for Virginia and $13,000 for Tennessee. In a statement released by Amazon, Cuomo called the agreement "one of the largest, most competitive economic development investments in U.S. history." New York City Council Speaker Corey Johnson issued a statement saying: "Amazon is one of the richest companies in the world...I also don’t understand why a company as rich as Amazon would need nearly $2 billion in public money for its expansion plans at a time when New York desperately needs money for affordable housing, transportation, infrastructure and education." FROM AP: NEW YORK CITY - Long Island City Incentives offered to Amazon: — Performance-based direct incentives of $1.525 billion, based on 25,000 full-time, high-paying jobs created. This includes a refundable tax credit of up to $1.2 billion calculated as a percentage of the salaries Amazon expects to pay employees over the next 10 years, which equates to $48,000 per job for 25,000 jobs with an average wage of over $150,000. — Cash grant of $325 million based on the square footage of buildings occupied in the next 10 years. — Amazon will also apply for as-of-right incentives including New York City's Industrial & Commercial Abatement Program and New York City's Relocation and Employment Assistance Program. There was no dollar figure immediately attached to this benefit. City Benefits: — More than 25,000 full-time jobs. — $2.5 billion investment from Amazon. — Facilities totaling 4 million square feet, with the potential to double in size. — Projected incremental tax revenue of more than $10 billion over 20 years. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| Leave the gun. Take the cannoli. |
I agree. If I were a major shareholder I’d be looking at this as a costly mistake. | |||
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| come and take it |
I don't get cities giving away so much in tax breaks. NYC $1.5 Billion and Virginia giving away $500 million. I don't think it was any factor in where Amazon chose as nearly all cities fell over themselves offering free stuff. I have a few SIGs. | |||
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Telecom Ronin |
Just glad they did not choose the DFW Metroplex, we have enough traffic and progs due to the tech sector. | |||
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| Big Stack |
How much did other cities/states offer (because they ALL made offers)? And I bet the income taxes all those employees will pay, plus the secondary economic activity (and the taxes paid on that), will more than cover the incentives. Companies know what the economic activity they bring to a community when they move to one is worth. They demand a rebate on that. It's part of the game. If someplace doesn't want to play they don't have to, but they're going to have to find some other way to drum up their economy.
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Member |
My thoughts exactly. I am glad we didn't get the headquarters though. "The people hate the lizards and the lizards rule the people." "Odd," said Arthur, "I thought you said it was a democracy." "I did," said Ford, "it is." "So," said Arthur, hoping he wasn't sounding ridiculously obtuse, "why don't the people get rid of the lizards?" "It honestly doesn't occur to them. They've all got the vote, so they all pretty much assume that the government they've voted in more or less approximates the government they want." "You mean they actually vote for the lizards." "Oh yes," said Ford with a shrug, "of course." "But," said Arthur, going for the big one again, "why?" "Because if they didn't vote for a lizard, then the wrong lizard might get in." | |||
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| Member |
+1 | |||
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| Member |
Hahahahaha Traffic around Crystal City is horrendous as it is Let them all suffer the consequences What you think the payroll of all these lobbyists will be... why else open an office there ------------------------------------------------------------------------------------------- Live today as if it may be your last and learn today as if you will live forever | |||
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| Lawyers, Guns and Money |
Yes, it is all part of the game.... But I just wish all employers were treated equally, large or small. Small companies have a hard time getting established and competing when large companies are treated so differently. Just think about a small employer that has been paying taxes into a community for 30 years and then a special taxing district is established to get his larger competitor to move in. He can't compete with that so he's out of business in no time. I'd like to see a level playing field. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| Big Stack |
Then the small companies have to band together and go to the state and local governments together. That way they'll get noticed. Also, a lot of government levels (states, localities) do have business development departments who will do things for small business. It just doesn't make the news.
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