A front-runner for Amazon’s HQ2 appears to be emerging

All evidence is all pointing towards Washington, D.C.

TRD WEEKEND EDITION /
May.May 27, 2018 09:00 AM

Jeff Bezos. (Credit from left: DoD photo by Senior Master Sgt. Adrian

Amazon seems to have an interest in being near the capital. It shortlisted three cities in the Washington, D.C., metro area as potential sites for its second headquarters, and some say there are more clues supporting the theory.

According to Business Insider, Northern Virginia’s reputation for housing data centers–it is reported that about 70 percent of American internet traffic flows through the area’s so-called Data Center Alley–has already led Amazon to plan a 600,000-square-foot data center and campus for its Virginia Amazon Web Services office in the area.

Then there’s the company’s general interest in being increasingly present in Washington, which has been documented through its increased lobbying efforts; over the past five years, the company’s spending on lobbying has increased more than 400 percent and nearly doubled the lobbyists it employees, as Bloomberg reports.

Finally, in 2016, Jeff Bezos bought two properties that cumulatively amount to a space of 27,000 square feet in area of Kalorama, a neighborhood known for its well-to-do residents. Bezos dropped $23 million on the properties and, once converted into a single-family home as he’s reported to be planning, it will be the largest home in the capital.

The search for Amazon’s HQ2 location is expected to wrap up within the year, with Amazon announcing one winner from its 20-city shortlist. [Business Insider] Erin Hudson


Related Articles

arrow_forward_ios
It’s a good time to be an industrial broker. Just ask them. (Credit: iStock)

Why all the kids suddenly want to become industrial brokers

The Real Deal interviews TF Cornerstone's Tom Elghanayan at REBNY's 124th annual banquet.

TF Cornerstone exec: How I got over Amazon dumping LIC

A photo illustration of Michael Gianaris and Jeff Bezos (Credit: Getty Images, Wikipedia, iStock)

Gianaris wants to reform NYC tax credit programs that drew Amazon

(Illustration by Neil Webb)

One year later, Amazon Effect still felt in LIC, citywide

Brookfield Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Amazon CEO Jeff Bezos and Tesla CEO Elon Musk with Long Island City (Credit: Getty Images, Wikipedia)

Amazon insiders: HQ2 campaign driven by Bezos’ ego, subsidy envy

From left: 330 Madison Avenue, 66 Hudson Boulevard and 599 Lexington Avenue (Credit: Google Maps)

Law firms topped the list of January’s biggest office leases in NYC

James Kimsey and the Virginia estate (Credit: Getty Images)

This Northern Virginia estate just shattered a DC-area price record

arrow_forward_ios
Loading...