How to Invest in Light of Amazon's HQ2 Decision

Since last year when Amazon announced it was searching for a second city to house its new headquarters, investors have been anxiously waiting to hear where they would choose.

Check out my previous post >>> Amazon Announced its 20 Finalists for HQ2 and Why You Should Care

 This week Amazon announced its final decision and there was not one, but two winners: Long Island City in Queens, New York City and Crystal City, Virginia (Northern Virginia city in the Washington, DC suburbs). 

As I discussed in January on the blog, Amazon is a game changing prize.  It's bringing 25,000 new jobs to each city (at an average salary of $100K per position - that's $2.5 Billion injection per year per city) PLUS a combined total of $5 Billion in new capital expenditures to these areas.  

And it’s not just what Amazon itself will do… there will be all sorts of secondary and tertiary businesses that will blossom to support this gigantic new...

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Amazon Announced its Top 20 Finalists for HQ2 and Why You Should Care

 

If you’ve been paying attention to the news, you’ve probably heard that Amazon is shopping for HQ2 - the home of their second headquarters.

In September they put out a Request for Proposals (RFP) to North American Cities searching for:

  • A metro with more than 1 million people
  • A stable and business-friendly environment
  • Urban or suburban locations attractive to technical talent
  • An international airport within 45 minutes with direct flights to key cities
  • Close to freeways
  • High capacity connectivity (fiber optic and cellular)
  • Access to large, educated labor force
  • Attractive community and quality of life for employees
  • Access to mass transit to the new site
  • "Scale and creativity" in real estate options.

They received 238 proposals from cities vying to become Amazon’s second corporate home.  The phenomenal interest was not surprising.

It’s a HUGE prize - Amazon is projecting 50,000 jobs with an average annual salary of $100,000.  To...

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