Virginia Tech helped convince Amazon to bring thousands of jobs to Virginia

Bloomberg News

Additionally, Amazon said that it has selected Nashville for a new "Center of Excellence" for its Operations business, which is responsible for the company's customer fulfillment, transportation, supply chain, and other similar activities. "Through this process and the exposure received as a result of being the only Canadian city to make the shortlist, the Toronto region is now on the radar screens of companies that would not have otherwise considered locating here".

It said on Tuesday it will receive performance-based direct incentives of US$1.525 billion from the state of NY, based on the company creating 25,000 jobs in Long Island City.

It will employ 5,000 people. In a Tuesday statement, Arlington and Alexandria, Virginia called National Landing "a newly branded neighborhood encompassing Crystal City, Pentagon City, and Potomac Yard".

Google plans to double its workforce in New York City to more than 14,000 people over the next decade, setting up a showdown for top tech talent in the city where Amazon is putting one of its two HQ2s.

"With Amazon committing to expand its headquarters in Long Island City, New York can proudly say that we have attracted one of the largest, most competitive economic development investments in USA history", Cuomo proclaimed.

"We have committed to vacate certain floors at One Court Square early and move about 1,100 of the colleagues who presently work there to alternate locations, including in Long Island City and our Tribeca headquarters", Citi CEO Michael Corbat said in a press release. Amazon said it'll invest $5 billion and add up to 50,000 jobs at each site.

Amazon has reportedly been closing in on a deal for a split headquarters, with Crystal City in Virginia and Long Island City in NY emerging as the frontrunners during the yearlong search.

The choice of its new office sites follows Amazon's September announcement that it would raise its minimum wage for warehouse workers to $15 (U.S.) an hour. An affordable housing crisis there prompted the city council to adopt a head tax on businesses in May, which Amazon helped overturn in a subsequent city council vote.

There is also the question of whether cities can gain the benefits that come with an influx of new jobs while staving off the downsides. It turns out that Amazon and city officials have chose to rebrand an area of the community that encompasses Crystal City as "National Landing". Two HQ2 projects would also ensure that Seattle remains Amazon's definitive headquarters.

"Amazon is a billion-dollar company".

Amazon did not respond to a Reuters request for comment.

An analysis from Richard Florida, the editor-at-large of CityLab, shows almost half of the Fortune 500 company headquarters are located in just 10 cities, located largely along the East and West Coasts.

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