LA is vying for Amazon’s new $5B campus

Retailer announced plans to build a second headquarters with 50k jobs

Sep.September 07, 2017 01:00 PM
Eric Garcetti, Amazon corporate headquarters (Getty Images)

Los Angeles is knocking on Amazon’s door hoping to deliver the e-commerce giant a brand new headquarters.

Amazon announced plans to spend up to $5 billion to construct and operate a second headquarters that would hold 50,000 employees, and L.A. plans to be a candidate.

“I can confirm we are planning to bid,” Alex Comisar, spokesperson for Mayor Eric Garcetti, told the Los Angeles Times.

The company is already taking proposals for the project from states and municipalities looking to add jobs.

 “We expect HQ2 to be a full equal to our Seattle headquarters,” Amazon CEO Jeff Bezos told the Wall Street Journal reported.

The retailer said it plans to build in a major metropolitan area, within 45 minutes of an airport, near quality universities and in locations with a population of over 1 million people. In the U.S., there are about 80 areas that fit the description, according to the Journal. Amazon is looking to target engineers and others in the tech sector.

The company employs about 200,000 people in the U.S., with about 130,000 people working in its warehouses.

Amazon already has a strong presence in and around the L.A. area. 

The company has five fulfillment centers located in the Inland Empire, and announced plans this year to build two new centers near Riverside, according to the L.A. Times. Amazon Studios, the retailer’s film and television arm, is also based in Santa Monica, and reportedly signed a lease at Culver Studios.

Bids for the second campus are due by Oct. 19, and the company expects a frenzy of proposals from states looking to boost employment.

The HQ2 announcement follows Amazon’s June $13.7 billion bombshell purchase of Whole Foods. The online retailer also revealed Wednesday that it would build a massive, 850,000-square-foot distribution center on New York’s Staten Island for $100 million. [WSJ, LAT] — Subrina Hudson and Grace Guarnieri

Related Articles

Amazon CEO Jeff Bezos (Credit: Getty Images, iStock)

Amazon’s shopping cart now includes new grocery store leases in LA area

Space Investment Partners co-founders Mark Moshayedi and Ryan Gallagher with Westport Plaza (Credit: Connect California)

Playing small mall: New firm picks up shopping center in Costa Mesa

DH Holdings founder David Horenstein and Conejo Gateway

Local firm plans to expand Thousand Oaks retail plaza after $18M purchase

Hollywood & Highland, Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller

CIM Group sells Hollywood & Highland mega-complex for $325M: sources

Rick Edwards, partner at Seagrove Property Group and the property

Foreign investor drops $13.7M on fully leased shopping center in San Gabriel Valley

Fabio Conti and the retail centers (Credit: Facebook)

Real estate’s on the menu for Fabio Conti, as restaurateur buys 2 retail centers

Sterling Organization CEO Brian Kosoy and the two Melrose Avenue properties

Sterling Organization buys retail portfolio along booming Melrose Avenue

From left: Saeed Nourmand, Michael Nourmand, Grant King and Richard Heyman

Relevant Group sues Nourmand & Associates’ founder, alleging extortion over hotel projects