Amazon cancels plan for NYC headquarters, but Atlanta is not back on the table

Amazon has cancelled plans to build a new headquarters in New York City, but has no plans to reopen the search for another location, according to a statement released this morning by the online retail giant.

Atlanta was one of 20 cities vying for “HQ2” before Amazon chose to split the headquarters between Long Island City, Queens and Arlington, VA. In the statement, Amazon said it had no plans to “reopen the HQ2 search at this time.”

Amazon placed the blame on New York politicians who were in opposition to HQ2 and the $3 billion the company would have received in state and local tax incentives. HQ2 would have created 25,000 in NYC.

Amazon said it will move forward with the Arlington site and is also building a new distribution hub in Nashville, TN expected to employ 5,000 workers.

Atlanta had touted The Gulch property in Downtown, which is being transformed into a mega mixed-use development of office space, retail, hotels and homes, as the perfect spot for HQ2.

You can read Amazon’s full statement at this link.

 

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