In 2018, Amazon willÂ name one North American cityÂ as the future home of the company’sÂ second headquarters, dubbed HQ2. The company says HQ2 will bring 50,000 jobs, and recentlyÂ launched an open call for city proposalsÂ that explain why the e-commerce giant should invest $5 billion in building a campus there.
The deadline for proposals was this week, and at least 50 metro areasÂ were expected to submit.
In addition to offering huge swaths of land, financial incentives have become key partsÂ of bids from many cities, states, and developers. A fewÂ incentiveÂ packagesÂ offerÂ tax breaks that total in the billions.
Amazon likely won’t pick a city unless it is offering some kind of economic deal, since that wasÂ one requirementÂ the company laid out in its request.Â When Amazon has opened facilities or office spaces inÂ other cities across the US, it has oftenÂ acceptedÂ local subsidies.
From 2005 to 2014, the company received at least $613 million in local government subsidies to build warehouses,Â according to a 2016Â reportÂ by the Institute for Local Self-Reliance. The group, whichÂ pushesÂ for local resources to be dedicated to community development, also found that Amazon receivedÂ an additional $147 million in subsidies for its data centers.
Here are eight places that are offering Amazon incentiveÂ packages, in ascending order of monetary value.