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City of Arlington, Texas, gets a “No, thanks” from Amazon for HQ2 bid — even after offering nearly $1 billion in incentives


Knock one city off the Amazon competition list. The city of Arlington, Texas, says it’s “no longer moving forward” to land Amazon’s second headquarters. But that doesn’t make Denver’s chances any better.

According to Arlington officials, the city was just one part of the proposal from the Dallas area. Other areas in Dallas still are being considered for the $5 billion HQ2 project that could bring 50,000 jobs to the chosen region, according to an Associated Press report.

And Denver, one of the 20 finalists named by Amazon in January, is still on the list, said Metro Denver Economic Development Corp. vice president Sam Bailey, who is handling the state’s bid for the conglomerate.

“We are in communication with the company and based on our communications, we’re still in full consideration for HQ2,” Bailey said Wednesday. “We have not received any information that we’re out of contention of the project.”

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Arlington learned it was ruled out after being invited to give an in-person pitch to Amazon, the city said. It had offered incentives estimated at $921 million, including a 10-year property tax abatement and a grant for the hiring of Arlington residents. The city proposed the 200-plus-acre Globe Life Park, the soon-to-be-former home of the Texas Rangers baseball team, as the potential site. The team will move into a new stadium in 2020.

“We realize we are no longer a focus in the HQ2 selection process,” city spokeswoman Susan Schrock told the AP.

Arlington Mayor Jeff Williams told the Fort Worth Star-Telegram that Amazon was looking for a different environment.

“I think it was looking for a more downtown, urban environment, but it intrigued them very much that they could come in here and build a downtown right here,” he said.

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Source:: The Denver Post – Business

      

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