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    Amazon wants US cities to bid for its second major HQ

    by 
    Rachel England
    Rachel England
    09.07.2017

    Amazon is looking for a second company headquarters and wants cities around the US to convince the retail giant why it should take up residency with them. Amazon says it plans to invest more than $5 billion in the new site, called HQ2, while creating up to 50,000 new jobs, and claims the development will bring "tens of billions of dollars in additional investment" to whichever area wins the bid. The company points to its Seattle location as evidence of this, claiming that investments in the site from 2010 to 2016 brought in an "additional $38 billion to the city's economy -- every dollar invested by Amazon in Seattle generated an additional 1.4 dollars for the city's economy overall."