The below street level dead zone of parking adjacent to Philips Arena known as The Gulch is being touted as prime space for Amazon’s new headquarters complex, according to a report at the Atlanta Business Chronicle.
An Oct. 30 filing with the city could suggest the groundwork is being laid at the Downtown property for Amazon’s $5 billion HQ2. An undisclosed party has filed plans to develop 9.3 million square feet of office, 1 million square feet of retail space, a 1,500 room hotel and 2,100 apartments at The Gulch.
Last month, the Georgia Department of Economic Development released a promotional video in its bid to attract Amazon’s second headquarters campus with a state recruiter hand-delivering Georgia’s proposal to Amazon’s Seattle headquarters.
If HQ2 were to choose metro Atlanta or Georgia, it could mean a staggering $5 billion investment and 50,000 jobs. The state and city have also offered up more than $1 billion in incentives and infrastructure improvements to sweeten the deal.