Newark among final contenders for Amazon headquarters

February 7, 2018 by  

Newark and New York City have made the shortlist of 20 potential locations for a $5bn project by e-retailer Amazon.

Those cities who made the list to host Amazon’s new headquarters need to be regions with the ability to attract and retain top technical talent, have a business-friendly and stable environment, and have a population of at least one million people.

Although New York City can boast about its tremendous business sector, Newark and the state of New Jersey are offering local and state incentives of $7bn – more than any of the other 20 finalists. New Jersey Senator Cory Booker added that there are many competitive advantages to be found in Newark, which is why it is growing so quickly these days.

In addition, New York City is only 15 to 18 minutes away by train and Newark is a hub for transportation. Booker notes that it has a sizeable rail network into Manhattan and along the Northeast Corridor in both directions.

The proposed campus for Amazon in Newark would carry an urban look and feel. Amazon could immediately move into 500,000 sq. ft of available office space with plans to build additional office space nearby.

Print companies could be used by cities such as Newark to create various types of materials that would highlight the attractions of the city for this significant project.