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Amazon Is Investing $5 Billion to Build a Second American HQ

September 7, 2017

Jeff Bezos wants another office. Today, his e-commerce company announced that it plans to find a location for a second headquarters in North America. And wherever the so-called HQ2 happens to be built, it's going to make quite a splash, receiving over $5 billion in construction and operation investment and creating as many as 50,000 new jobs.

In a statement, Jeff Bezos said that he expects HQ2 to be "a full equal to [the] Seattle headquarters,” pictured above. But what isn't clear yet is where the new campus will be located. According to the Wall Street Journal, Amazon will consider "metropolitan areas with more than one million people that are within 45 minutes of an international airport and near a strong university system."

Expect city officials to be thrilled at the prospect of Amazon's choosing to set up shop in their town: the company claims to have generated $38 billion of indirect investment in Seattle between 2010 and 2016. The Journal says that Amazon expects to choose a location some time next year.

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