Boston is emerging as the favourite to host Amazon’s planned second HQ in the North America, following the online behemoth’s move last week to launch a beauty contest and ask cities and states to submit their proposals.
The Massachusetts metro apparently has a big advantage in being home to both Harvard University and Massachusetts Institute of Technology, along with a cost of living lower than many other large cities.
Amazon already has links to Boston via its $775 million acquisition of robotmaker Kiva Systems back in 2012, and the company is currently building out new premises in the fast-growing Fort Point tech district of the city, where 900 new jobs are reportedly in the pipeline.
Gaining the new HQ would be a major coup for Boston, with Amazon saying the project will cost $5 billion and create 50,000 jobs over the next 15 years. CEO Jeff Bezos says he expects HQ2 to be ‘a full equal’ to its Seattle home.
Proposals are due by 19 October with Amazon slated to make a decision sometime in 2018.
Image: MIT Technology Review