Since last year when Amazon announced it was searching for a second city to house its new headquarters, investors have been anxiously waiting to hear where they would choose.
Check out my previous post >>> Amazon Announced its 20 Finalists for HQ2 and Why You Should Care
 This week Amazon announced its final decision and there was not one, but two winners: Long Island City in Queens, New York City and Crystal City, Virginia (Northern Virginia city in the Washington, DC suburbs).Â
As I discussed in January on the blog, Amazon is a game changing prize. It's bringing 25,000 new jobs to each city (at an average salary of $100K per position - that's $2.5 Billion injection per year per city) PLUS a combined total of $5 Billion in new capital expenditures to these areas. Â
And it’s not just what Amazon itself will do… there will be all sorts of secondary and tertiary businesses that will blossom to support this gigantic new corporate citizen - creating even more jobs and economic opportuni...
Â
If you’ve been paying attention to the news, you’ve probably heard that Amazon is shopping for HQ2 - the home of their second headquarters.
In September they put out a Request for Proposals (RFP) to North American Cities searching for:
They received 238 proposals from cities vying to become Amazon’s second corporate home. The phenomenal interest was not surprising.
It’s a HUGE prize - Amazon is projecting 50,000 jobs with an average annual salary of $100,000. To do the math, that’s $5 BILLION per year n...
50% Complete
Investing in Real Estate from $1 to $1M – 12 strategies to get you invested in real estate regardless of your schedule or budget.