Amazon appears to be passing on possible Philadelphia region HQ2
While we’re certain Amazon will be delivering packages to the Philadelphia are for years to come, it is becoming apparent they will not be establishing their east coast headquarters here.
Amazon appears to be closing in on Northern Virginia as the long-awaited winner of its HQ2 competition, writes Jon Banister for biznow.com.
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The tech giant is in advanced discussions about selecting Arlington’s Crystal City neighborhood, the Washington Post reports, citing anonymous public and private sector officials. The discussions are reportedly more detailed than those Amazon has had with other jurisdictions.
The Post reports Amazon has honed in on two buildings it could occupy first, 1770 Crystal Drive and 1851 South Bell St. The developer who owns those aging office buildings and many others in the area, JBG Smith, has reportedly taken some properties off of the leasing market.
The Post also reports Amazon has discussed making the announcement this month, following the Nov. 6 midterm elections. Amazon CEO Jeff Bezos, who owns the Washington Post, spoke at an Economic Club of Washington, D.C., dinner in September and declined to provide new details on HQ2, instead saying it would be announced by year’s end. JBG Smith CEO Matt Kelly also spoke at that event, discussing his company’s new affordable housing initiative.
To read the complete story click here.
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