Get All Access for $5/mo

Amazon May Split HQ2 Between Crystal City, Va., and Long Island City, N.Y. According to The Wall Street Journal, Amazon is in final negotiations and plans to split its second headquarters evenly between two East Coast cities.

By Rob Marvin Edited by Dan Bova

This story originally appeared on PCMag

via PC Mag

As leaks and rumors hit a fever pitch, Amazon is reportedly on the brink of announcing the winner(s) of its nationwide urban pageant for the lucky city that will be home to its second U.S. headquarters, nicknamed HQ2.

According to The Wall Street Journal, Amazon plans to split its HQ2 evenly between two of the biggest metropolitan areas on the East Coast: Crystal City, Va., (right across the Potomac River from Washington, D.C.) and none other than New York City. The Journal says a decision and announcement could come as soon as this week.

The New York Times overnight corroborated the Journal's story, and added that the New York location will reportedly be in Long Island City, a neighborhood in Queens just across the river from Manhattan.

Amazon began soliciting proposals for HQ2 in the fall of 2017. In early 2018, it released its list of 20 finalists. Amazon's requirements included a metropolitan area with more than 1 million people, close access to an international airport, and "a stable and business-friendly environment" offering "urban or suburban locations with the potential to attract and retain strong technical talent."

Amazon estimates HQ2 will bring more than $5 billion in construction investments and as many as 50,000 jobs to the city amidst decades of ongoing investment in the surrounding community. If this report comes to fruition and HQ2 is indeed split between Crystal City and Long Island City, it remains to be seen how those projections would be distributed and scaled across multiple urban areas.

However, until Amazon officially announces its HQ2 winners, there are reasons for pause. Just yesterday, the Journal reported that Dallas was also still in the mix along with Crystal City and the Big Apple as Amazon's late-stage negotiations progressed with a handful of final cities. That report also said that until recently, cities including Chicago and Miami had also still been in discussions with Amazon.

Crystal City seems to be the surest bet at this point. The Journal story came a day after The Washington Post reported that the Virginia suburb, located smack dab between the Pentagon and Ronald Reagan National Airport, was engaged in advanced planning for HQ2, down to specific buildings and employee moving plans.

This report was seemingly corroborated in a tweet from Mike Grella, Amazon's director of economic development, admonishing the source who leaked the Crystal City negotiations to WaPo.

Take these rumors with a grain of salt until Amazon makes its official announcement. If it does turn out to be Crystal City and Long Island City, we hope Amazon has a plan for how to deal with all the traffic.

Rob Marvin

Associate Features Editor

Rob Marvin is the Associate Features Editor at PCMag.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

Growing a Business

Why Business Growth Plateaus — and 4 Proven Tips for Quickly Overcoming It

Is your business stuck in a frustrating plateau, with growth stalled and no clear path forward? Discover the surprising reasons why most companies hit this wall — and the game-changing strategies you need to break through and start scaling again!

Business News

Prime Bank: Empowering Growth as Kenya's Premier Banking Partner

Established in 1992, Prime Bank is one of Kenya's leading banks and a trusted partner for individuals, businesses, and communities across the country. With a nationwide network of 24 branches, Prime Bank offers clients a comprehensive suite of banking products and services tailored to meet their specific needs. The bank is also present in several regional markets, including Malawi, Mozambique, Botswana, Zambia, and Zimbabwe.

Leadership

How Entrepreneurs Can Create a More Inclusive Office Space

When you want your office to feel more inclusive, remember to consider the roles of design and layout.

Leadership

10 Ways My Leadership Has Changed in 10 Years

Reflecting on the ways my approach to leadership has transformed over the past decade and the key lessons I've learned along the way.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.