Toronto makes cut of top 20 cities vying to be Amazon’s 2nd headquarters
Toronto has made the cut of the top 20 cities that e-commerce giant Amazon is considering for its second headquarters.
Toronto is the only Canadian city to make the short list that also includes 19 U.S. cities.
More than 10 cities across Canada had pitched to become the second North American home of the world’s biggest online merchandise seller.
In total, Amazon received 238 applications.
Amazon said on Twitter that narrowing the list to 20 cities was tough.
They also include:
- New York City.
- Newark, N.J.
- Washington D.C.
- Raleigh, N.C.
- Northern Va.
- Columbus, Ohio.
- Los Angeles.
- Austin, Texas
- Montgomery County, Md.
The next step in the selection process will be to take a “deeper dive” into the proposals by the remaining cities in the coming months and evaluate the feasibility of a future partnership, said Amazon.
The company expects to make a final decision this year.
It plans to spend over $5 billion on the second campus, which will be a “full equal” to its current headquarters in Seattle, Wash. Amazon estimates its investments in that city, from 2010 to 2016, have added $38 billion to the city’s economy.
The second location is expected to create 50,000 high-paying jobs.
Canadian telecom entrepreneur Anthony Lacavera said it’s unlikely Toronto will become Amazon’s next headquarters.
“The Trump administration has been very clear on expectations of prioritizing U.S. domestic job creation and repatriation of jobs that are currently abroad,” he said.
“I highly doubt Amazon would want to draw any negative fire from the U.S. administration.”