Business & Tech

Amazon HQ2 In Oakland: Bid Submitted

Amazon is looking to build a second headquarters complex that will employ up to 50,000 people.

OAKLAND, CA — Oakland is one of five Bay Area cities included in a bid for Amazon's second headquarters. The other local cities are San Francisco, Fremont, Concord and Richmond.

Amazon announced plans in September to invest more than $5 billion in construction costs and operational expenses in a second headquarters, outside of the Seattle area. The competition to land the facility is fierce.

Amazon is looking for a metropolitan area with a population greater than 1 million people and a stable, business-friendly environment.

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The location must have the potential to attract and retain talent in communities that "think big and creatively when considering locations and real estate options," according to a statement issued last month.

Jim Wunderman, president and CEO of the business advocacy group Bay Area Council, thinks Amazon might find what it's looking for in the region.

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"We are the world's innovation capitol," Wunderman said in a statement today. "We offer top talent, top universities and large development sites connected by a rich network of mass transit and other transportation
systems."

"Our competitive advantages are unparalleled," Wunderman added.

The proposal, which is more than 150 pages in length, features a number of development sites that are accessible by mass transit, including Oakland's Coliseum City complex, Fremont's Warm Springs Innovation District, the Concord Naval Weapons Station and San Francisco's Hunters Point shipyard.

The proposal includes plans to build 45,000 housing units over the coming years and decades to accommodate Amazon's workforce, which is expected to be around 50,000 workers. It also includes a number of local and state tax credits as well as other incentives.


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