In the last year, two unique opportunities brought the potential to drive significant new investment in cities across the country. First, Amazon announced their search for a second corporate headquarters (“HQ2”) which is projected to employ up to 50,000 employees over the next fifteen years. More than 238 cities and regions submitted proposals, and 20 candidate cities (including Philadelphia) were ultimately selected by Amazon to compete in a next phase. Amazon eventually decided to split its second headquarters into two locations and chose New York and Northern Virginia for its next stages of growth.
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