Published: Tue, November 06, 2018
Money | By Arnold Ball

Amazon has reportedly zeroed in on Northern Virginia for its second headquarters

Amazon has reportedly zeroed in on Northern Virginia for its second headquarters

The Washington metropolitan area has always been considered a top contender. Topics such as the timing for a public announcement and immediate office needs are reportedly being ironed out.

Grella has already responded to another Post article by tweet, one in which the publication speculated on the HQ2 search based on where Amazon CEO Jeff Bezos' corporate jet flies: "as an Amazon spokesman said, where Jeff flies to and doesn't fly to says nothing about #HQ2 cities". Even before the Post's report was published on Saturday, speculative investors have been snapping up shares in the publicly traded REIT.

People close to the process told The Post the talks were more in-depth than they had been with other locations.

Amazon is apparently seriously considering an area known as Crystal City. "You're not doing Crystal City, Va. any favours".

She said she did not know when state officials last talked with Amazon or if they will reach out to the company following the Post's report. The discussions have been more detailed than those of other front runners in the area.

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Amazon is in "advanced discussions" about placing its second headquarters in Northern Virginia, seemingly dealing a blow to Toronto's hopes of luring the online retailer here. Amazon declined to comment on his remarks.

Even without Amazon, the Metropolitan Washington Council of Governments has estimated that the region needs to add 235,000 housing units by 2025 to keep pace with expected job growth.

Amazon says it plans to make $5 billion in capital investments alone in the city it chooses, and that its headquarters injected an additional $38 billion into the local economy in Seattle, generating an additional $1.40 for every dollar the company spent.

Mike Grella, an economic development director at Amazon, wasn't happy about the Washington Post story, Bloomberg reported.

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