We’re in the running – and only $400 million in incentives!
San Diego’s region-wide bid for Amazon‘s second headquarters was sent off Wednesday, one day before the online retailing giant’s deadline, according to the San Diego Regional Economic Development Corp.
The competition for the headquarters is pitting municipalities large and small against each other for a piece of Amazon’s very substantial pie. The company plans to spend more than $5 billion on what it calls HQ2, which would provide 50,000 new high-paying jobs and support thousands of construction and other related positions.
The EDC submission, set to arrive Thursday, proposes four sites — Chula Vista, downtown, Mission Valley and Otay Mesa.
On Tuesday, the Chula Vista City Council approved a $400 million incentive package for Amazon, which would have HQ2 incorporated into the city’s Millenia mixed-use mega-development. Chula Vista would provide the company with 85 acres valued at $100 million and tax breaks of $300 million over 10 years.
Amazon could also partner with the city in its ongoing plans to bring a four-year university to the city.
“We have the best proposal for Amazon,” said Chula Vista Mayor Mary Casillas Salas. “We can provide eight million square feet of space in a continuous greenfield development and Amazon can embrace our unmatched quality of life in master planned communities with housing for all income levels, biking and hiking trails, recreational activities and an incredible climate.”
Last week, the San Diego County Board of Supervisors voted to send a letter to Amazon CEO Jeff Bezos in support of the local bid.
Amazon already has a large presence in San Diego after leasing more than 100,000 square feet of office space in University City. But the region faces stiff competition in the bidding war with numerous other cities offering land and tax incentives.
The competition for AMZN hq2 has been most fierce with more than 100 bids. Atlanta region has offered attractive incentives that includes to name the “new town” Amazon!
I’d love to see SD win. However, SD is really a long shot. For one requirement, AMZN is requiring the site to be within 45 min from a major International Airport…..
For one requirement, AMZN is requiring the site to be within 45 min from a major International Airport…..
Los drones son el futuro!
Tijuana International Airport? Has anyone used TJ International?
You can walk across the border without the usual hassles:
I predict the final winner will be east of the Mississippi.
because that is what SD freeways need….more traffic.
Bezos is a fool if he doesn’t choose San Diego.
cbx is so worth it. $107 a ticket from TIJ to GDL, plus $30 for cbx
It’s fun to play “what about nnn” but no matter which area from SD to sack-o-tomatoes you mention be it Oxnard or Ontario or CV you absolutely have to accept that there is an unspoken and non negotiable zeroth criteria in Amazon’s selection process. Not in California.
“…you absolutely have to accept that there is an unspoken and non negotiable zeroth criteria in Amazon’s selection process. Not in California.”
Then it’s all settled!
Detroit, it is!
It’s going to be Atlanta. Atlanta checks most of the boxes.
Keep in mind the three inviolable rules of corporate (re)location:
#1 Where the CEO wants
#2 Where the CEO decides
#3 Where the CEO chooses
There is no #4.