Speculation is intensifying as Amazon.com Inc. decides where to build its second headquarters — a $5 billion project with as many as 50,000 jobs expected to come with it.
Time to add another voice to the mix, now that Inc. has ranked the six cities most likely to land HQ2. Philadelphia made the list – at No. 4, writes Daniel Salazar and Craig Ey for Philadelphia Business Journal.
The entrepreneur-focused publication relied on sources like betting websites and interviews with shipping experts, investors and people familiar with Amazon.
Atlanta was crowned the most likely winner because of its network of technical talent, comparatively low cost of living, available real estate and other factors. Chicago came in second because of its central location and network of existing businesses.
But Philadelphia comes in just behind third-place Austin.
“In a report released in October, Moody’s Analytics ranked the City of Brotherly Love as the third-most ideal location for Amazon, coming up just behind Austin and Atlanta, while NYU’s Ginsberg suggests that Philadelphia is the city that most often appears across these varied analyses,” Inc. noted
The magazine also noted Philadelphia’s huge university community, especially University of Pennsylvania and Drexel University.
Amazon has said it will announce the HQ2 site in 2018 and speculation has swirled about when its shortlist of finalists will be crafted.
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