The Amazon Headquarters Locations Are Revealed — And So Is The Price Tag

Amazon made it official Tuesday, announcing that it will build new headquarters in Northern Virginia and New York City, pledging to create 25,000 jobs at each site and ending a year of intense speculation and competition.

The company also announced that it has selected Nashville for 5,000 jobs as part of a new operations hub responsible for customer fulfillment, transportation, and supply-chain and similar activities.

The choice of Crystal City in Arlington County as one of the winners cements Northern Virginia’s reputation as a magnet for business and will potentially reshape the Washington region into an eastern outpost of Silicon Valley over the next decade.

The triumph came with a price tag, details of which became public for the first time Tuesday after months of closed-door negotiations. Virginia Gov. Ralph Northam (D) and Arlington leaders agreed to give Amazon direct subsidies totaling $573 million based on the company creating 25,000 jobs with an average salary of $150,000.

The state and county also will invest a total of $223 million for transportation improvements that will benefit Amazon as well as the rest of the community, officials said.

Click here to read the rest of the article written by Jonathan O’Connell and Robert McCartney over at the Washington Post

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