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Amazon Prime Day 2018: Everything You Need To Know

Los Angeles among Amazon’s list of finalists for new headquarters

Los Angeles is one of 20 cities left bidding for Amazon’s second North American headquarters.

The tech giant is expanding beyond the limits of its current 8 million-square-foot base of operations in Seattle and sent cities around the continent into a frenzy when it announced a pageant-like search for a new location in September.

On Thursday, the company trimmed a list of 238 cities down to just 20, with the company seemingly favoring an eastward expansion. Los Angeles is the sole finalist on the West Coast, despite bids from major urban areas like San Diego, Portland, and San Francisco.

The company received plenty of interest from Southern California cities, including Irvine, Santa Ana, Huntington Beach, and Long Beach (the latter cities submitted a joint proposal). But Los Angeles is the only city left standing.

Details on LA’s proposal, put forth by all of Los Angeles County, are still a bit murky. In October, local officials revealed that the bid would largely center around the Pomona Fairplex—the home of the LA County Fair.

City Councilmember Bob Blumenfield also argued that Warner Center’s former Rocketdyne plant would be an ideal location, but it’s unclear whether that site appeared in the city’s formal proposal submitted to the company in October. 

The impact of the company’s arrival in Los Angeles would be significant. Amazon estimates that its new headquarters would create more than 50,000 jobs and bring $38 billion of investment into the local economy (though Seattle residents can attest that such economic transformation can be a mixed blessing).

With its finalists in place, Amazon now plans to probe each city’s proposal further, delving into specifics about the feasibility of each bid. The company says it will announce a winner later this year.

Story courtesy of Curbed. 

Los Angeles To Bid For Amazon's Second Headquarters

Amazon has been based in Seattle since its founding in 1994, but the e-commerce giant is planning a second headquarters elsewhere in the U.S., and Los Angeles is officially in the running.

Mayor Eric Garcetti’s office confirmed that Los Angeles was planning to bid on the new Amazon headquarters, with Garcetti calling L.A. “the perfect place for a company like Amazon to find talented workers, and an environment that nurtures growth and innovation,” in a statement emailed to LAist on Thursday.

Amazon announced plans to put $5 billion toward the construction of its second headquarters in a request for proposals from potential bidders. “We expect HQ2 to be a full equal to our Seattle headquarters,” Amazon CEO Jeff Bezos said in a statement on Thursday. Amazon will give priority to cities to cities with more than one million residents that are within 45 minutes of an international airport, according to the L.A. Times. Other cities planning to bid on the new headquarters include New York, Chicago and Atlanta, CNBC reports.

If selected to host Amazon’s new offices, Los Angeles could gain up to 50,000 new full-time jobs. The city is already home to Amazon’s thriving film and TV division, Amazon Studios, whose offices are located in Santa Monica (and could soon be moving to Culver Studios’ famed Gone With The Wind mansion.)

Not everyone is likely to be enthused about the possibility of Amazon expanding to Los Angeles, though. The tech-industry gentrification driving up prices in Venice’s “Silicon Beach” would likely increase with Amazon’s arrival, and Curbed raises the question of where L.A. would even fit an 8-million-square-foot Amazon complex. Nonetheless, it appears L.A. will fight to win the Amazon bid by the October 19th deadline.

Story courtesy of LAist.