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BRIEF-Amazon Selects New York City And Northern Virginia For New Headquarters


Reuters Last Updated at 13-11-2018 21:22:59 IST
Amazon.com Inc:

* AMAZON SELECTS NEW YORK CITY AND NORTHERN VIRGINIA FOR NEW HEADQUARTERS

* AMAZON.COM INC - TO INVEST $5 BILLION AND CREATE MORE THAN 50,000 JOBS ACROSS TWO NEW HEADQUARTERS

* AMAZON.COM INC - ANNOUNCES NASHVILLE AS NEW OPERATIONS CENTER OF EXCELLENCE WITH MORE THAN 5,000 JOBS

* AMAZON.COM INC - AMAZON ANNOUNCES NASHVILLE AS NEW OPERATIONS CENTER OF EXCELLENCE WITH MORE THAN 5,000 JOBS

* AMAZON.COM INC - WASHINGTON, D.C. METRO HEADQUARTERS IN ARLINGTON WILL BE LOCATED IN NATIONAL LANDING

* AMAZON.COM INC - NEW YORK AND LONG ISLAND CITY WILL BENEFIT FROM MORE THAN 25,000 FULL-TIME HIGH-PAYING JOBS

* AMAZON.COM INC - NEW WASHINGTON, D.C. METRO HEADQUARTERS IN ARLINGTON WILL BE LOCATED IN NATIONAL LANDING

* AMAZON.COM INC - NEW YORK CITY HEADQUARTERS WILL BE LOCATED IN LONG ISLAND CITY NEIGHBORHOOD IN QUEENS

* AMAZON.COM INC - AS PART OF AMAZON'S NEW HEADQUARTERS, VIRGINIA AND ARLINGTON WILL BENEFIT FROM MORE THAN 25,000 FULL-TIME HIGH-PAYING JOBS

* AMAZON.COM INC - WILL RECEIVE PERFORMANCE-BASED DIRECT INCENTIVES OF $1.525 BILLION BASED ON COMPANY CREATING 25,000 JOBS IN LONG ISLAND CITY

* AMAZON.COM - NEW YORK, LONG ISLAND CITY WILL BENEFIT FROM 4 MILLION SQUARE FEET ENERGY-EFFICIENT OFFICE SPACE WITH OPPORTUNITY TO EXPAND TO 8 MILLION SQUARE FEET

* AMAZON - DAVIDSON COUNTY AND CITY OF NASHVILLE WILL BENEFIT FROM 5,000 FULL-TIME, HIGH-PAYING JOBS; OVER $230 MILLION IN INVESTMENT

* AMAZON.COM INC - NEW YORK AND LONG ISLAND CITY WILL BENEFIT FROM ESTIMATED INCREMENTAL TAX REVENUE OF MORE THAN $10 BILLION OVER NEXT 20 YEARS

* AMAZON.COM INC - WILL RECEIVE A CASH GRANT FROM ARLINGTON OF $23 MILLION OVER 15 YEARS

* AMAZON.COM - TO RECEIVE PERFORMANCE-BASED DIRECT INCENTIVES OF $573 MILLION BASED ON CREATING 25,000 JOBS WITH AVERAGE WAGE OF OVER $150,000 IN ARLINGTON

* AMAZON.COM -PERFORMANCE-BASED INCENTIVES OF $1.525 BILLION IN LONG ISLAND CITY INCLUDES REFUNDABLE TAX CREDIT THROUGH EXCELSIOR PROGRAM OF UP TO $1.2 BILLION

* AMAZON - WILL ALSO RECEIVE CASH GRANT FROM ARLINGTON OF $23 MILLION OVER 15 YEARS BASED ON INCREMENTAL GROWTH OF EXISTING LOCAL TRANSIENT OCCUPANCY TAX

* AMAZON.COM INC - $1.525 BILLION PERFORMANCE-BASED DIRECT INCENTIVES IN LONG ISLAND CITY INCLUDES CASH GRANT FROM EMPIRE STATE DEVELOPMENT OF $325 MILLION

* AMAZON-SELECTED NASHVILLE FOR CENTER OF EXCELLENCE FOR OPERATIONS BUSINESS,RESPONSIBLE FOR CO'S CUSTOMER FULFILLMENT, TRANSPORTATION, SUPPLY CHAIN, & OTHERS

* AMAZON - ARLINGTON TO DEDICATE ESTIMATED $28 MILLION BASED ON 12% OF FUTURE PROPERTY TAX REVENUES EARNED FROM TIF DISTRICT FOR ON-SITE INFRASTRUCTURE, OPEN SPACE IN NATIONAL LANDING

* AMAZON.COM INC - WILL SEPARATELY APPLY FOR AS-OF-RIGHT INCENTIVES INCLUDING NEW YORK CITY'S ICAP AND NEW YORK CITY'S REAP

* AMAZON - OPERATIONS CENTER OF EXCELLENCE WILL BE LOCATED IN DOWNTOWN NASHVILLE & HIRING WILL ALSO BEGIN IN 2019

* AMAZON.COM - INCENTIVES INCLUDE WORKFORCE CASH GRANT FROM COMMONWEALTH OF VIRGINIA UP TO $550 MILLION BASED ON $22,000 FOR EACH JOB CREATED OVER NEXT 12 YRS

* AMAZON - TO RECEIVE PERFORMANCE-BASED DIRECT INCENTIVES OF UP TO $102 MILLION BASED ON CREATING 5,000 JOBS WITH AVERAGE WAGE OF OVER $150,000 IN NASHVILLE

* AMAZON - PERFORMANCE-BASED DIRECT INCENTIVES IN NASHVILLE INCLUDES CASH GRANT FOR CAPEX FROM TENNESSEE OF $65 MILLION BASED ON CREATING 5,000 JOBS OVER NEXT 7 YRS

* AMAZON.COM INC - AGREED TO DONATE SPACE ON ITS CAMPUS IN NY CITY FOR TECH STARTUP INCUBATOR AND FOR USE BY ARTISTS AND INDUSTRIAL BUSINESSES

* AMAZON.COM INC - WILL DONATE A SITE FOR A NEW PRIMARY OR INTERMEDIARY PUBLIC SCHOOL IN NY CITY

* AMAZON.COM INC - HIRING AT BOTH NEW HEADQUARTERS WILL BEGIN IN 2019 Source text for Eikon: Further company coverage:

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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