Amazon announces new headquarters; Plano’s proposal not chosen

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Amazon Inc. has chosen New York City and Arlington, Virginia, to accommodate its second headquarters, ending the efforts of Dallas-Fort Worth area cities—including Plano—that had hopes of attracting the tech giant.

Amazon will invest $5 billion and create more than 50,000 jobs across both east-coast cities, according to a Tuesday news release from the company. Amazon also announced it will establish a business operations center in Nashville, Tennessee, which will result in more than 5,000 jobs.

The major online retailer announced the search for its second headquarters in September 2017 and asked cities to team up to submit one proposal per metropolitan statistical area.

The Dallas Regional Chamber partnered with the Fort Worth Chamber of Commerce in October 2017 to collect a list of sites to present to Amazon, according to a Dallas Regional Chamber news release. Amazon received 238 proposals across the country.

Plano was among the cities that sought to house Amazon’s new headquarters.

“Plano is delighted to have participated in Amazon’s highly competitive site selection process,” city spokesperson Steve Stoler said in a statement. “Our community will ultimately benefit from the work performed to assemble potential Plano sites as we market this city to prospective companies. The identification of large development opportunities will allow Plano to continue building its global business community.”

Dale Petroskey, CEO and President of the Dallas Regional Chamber, made a statement in response to Amazon’s announcement, affirming the DFW metro as an attractive market for companies. Since September 2017, 40 corporations have presented plans for relocations and expansions in the DFW region, including Paycom, Peloton and Smoothie King.

“Make no mistake, this has been a ‘win’ for our region regardless of the outcome,” Petroskey said in the statement. “Our business community grows and expands by the day, and our momentum as a destination of choice has only increased as a result of being a finalist for HQ2.”

 

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  1. Minus– loss of tax revenue from construction and more retail sales
    Plus– less traffic congestion, less pressure on residential prices– they have gone up enough way too fast and many people are priced out of the market. If Amazon had moved here, it would have exacerbated a problem that already exists. If this area did not already have a lot of growth and too much traffic, that might have been great, but i really wonder about the downside for many people.

    The DFW market is rapidly become the Los Angeles of Texas– urban sprawl, huge multi-lane highways clogged with cars, house prices and residential rents that drive young families miles away to live and commute. Then we have the bad air due to the pollution from heavy use of cars and ERCOT cannot keep up with electrical demand now. How are they going to handle the continued growth? We need to find solutions before landing a whale, not after.

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Renee Yan
Renee Yan graduated May 2017 from the University of Texas in Arlington with a degree in journalism, joining Community Impact Newspaper as a reporter in July.
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