Texas city of Arlington says it's out of bid for Amazon HQ2

May 15, 2018

The city of Arlington says it's "no longer moving forward" in the competition to become Amazon's second headquarters, and released details of the incentives it offered the online retailer.

Arlington said Tuesday it had been "one of the very select finalists in North Texas asked by Amazon to make an in-person pitch to and provide a site visit for our proposed HQ2 site." But it said it was no longer involved.

"We realize we are no longer a focus in the HQ2 selection process," city spokeswoman Susan Schrock said in an email.

Arlington's pitch was included in the proposal for the Dallas-Fort Worth region, which included many area sites. Arlington says it "remains very supportive" of the region's ongoing effort to land the headquarters.

Amazon had set off the competition last year, and made clear that tax breaks and grants would be a big factor in its decision. In January it released a list of 20 areas still in the running for the $5 billion project that could employ up to 50,000 people. Seattle-based Amazon.com didn't immediately respond to a request for comment Tuesday.

Arlington offered incentives estimated at $921 million, including a 10-year property tax abatement and a grant for the hiring of Arlington residents. The city proposed the 200-plus-acre Globe Life Park, soon-to-be-former home of the Texas Rangers baseball team, as the potential site. The team will move into a new stadium in 2020.

The , which is located between Dallas and Fort Worth, said its 10-year economic model indicated the project could bring more than 96,000 permanent jobs, almost $50 billion in salaries and wages and almost $4 billion in taxable sales.

Arlington Mayor Jeff Williams told the Fort Worth Star-Telegram that Amazon was looking for a different environment.

"I think it was looking for a more downtown, urban environment but it intrigued them very much that they could come in here and build a downtown right here," he said.

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24volts
1 / 5 (1) May 15, 2018
If your locality has to bribe them with 921 million dollars you are just wasting taxpayer money. They will be there just a few years and then move to some other state offering them more. States should just stop giving incentives to companies to move there and instead concentrate on making the state a place where business would want to move to or start up at. A suggestion would be to do the exact opposite of what Califonia is doing now. Companies are moving out of that state just about as fast as they can.
howhot3
not rated yet May 15, 2018
What do people expect when your practically ground zero for the worst of global warming's impact on the north american continent.

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