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Hq2

All articles tagged with #hq2

business1 year ago

"Amazon HQ2: Job Losses Instead of Growth in First Year"

Amazon's Northern Virginia headquarters, known as HQ2, fell behind schedule in creating new jobs, resulting in a decrease in its workforce last year instead of the expected increase. The company was supposed to add 25,000 new jobs at HQ2 by the end of the decade, but it lost more than 200 existing positions in Arlington in 2023. This slowdown may impact the amount of taxpayer subsidies it receives from Virginia. Despite the setback, Amazon has not abandoned its target of 25,000 jobs and has emphasized that the project is a long-term investment.

via The Washington Post|
#amazon#business#economic-development
business2 years ago

Amazon's HQ2 opens in Virginia amidst pandemic-induced changes.

Amazon has opened the first part of its new East Coast headquarters, HQ2, in northern Virginia, which includes two 22-story office towers that can accommodate 14,000 of the 25,000 employees Amazon plans to bring on in Arlington. Amazon built its headquarters in Seattle in 1994 partly because of the area's deep pool of tech talent and the presence of Microsoft in nearby Redmond, Washington. The company's arrival in Arlington has generated concerns of rising housing costs and displacement. Amazon intends to focus much of its future growth in Arlington and in Nashville, Tennessee, where the company's logistics hub is based.

via CNBC|
#amazon#business#hq2
business2 years ago

Amazon's HQ2 in Virginia opens with room for 14k employees.

Amazon has officially opened its second headquarters, called HQ2, in Arlington, Virginia. The new facility, called Metropolitan Park, features 2.1 million square feet of office space, a 2.5 acre park, and 50,000 square feet of retail space. The company is bringing 8,000 employees in total to HQ2, all of whom are locally hired from the areas surrounding Washington D.C., Maryland, and Virginia. Despite the pandemic and post-pandemic economic challenges, Amazon is committed to HQ2 as a way to improve workflow and efficiency.

via Yahoo Finance|
#amazon#business#economic-development
business2 years ago

Amazon unveils new HQ2 complex in Virginia, signaling return to office work.

Amazon has unveiled the first phase of its new headquarters complex in Virginia, hoping to persuade employees to return to the office. The Met Park office complex in Arlington's Crystal City neighborhood includes a 2.5-acre park, a fenced dog run, and a playground. Amazon also replicated its well-known banana stand from its Seattle headquarters, offering free fruit to workers and visitors. The towers feature dedicated suites to accommodate group projects and open spaces dubbed “centers of energy” designed to facilitate collaboration. The finished product includes rooftop gardens, pool and foosball tables, outdoor electric grills, and high-quality dining options.

via NBC4 Washington|
#amazon#business#hq2
business2 years ago

Amazon HQ2 officially opens in Virginia, transforming neighborhood and bringing workers back to office.

Amazon has opened the first phase of its new headquarters, known as HQ2, in Virginia with a ribbon-cutting ceremony. The tech giant plans to bring 25,000 highly paid tech workers to the site, which has been called Metropolitan Park or Met Park for short. More than 8,000 employees have already been hired, and the company has tripled street-level retail in the neighborhood, added a 2.5-acre public park, and introduced a new name for the area: National Landing. The move has been controversial, with concerns about housing costs, remote work, and the contraction of the tech industry.

via The Washington Post|
#amazon#business#economic-benefits
business2 years ago

Amazon's HQ2 opens in Virginia amidst mixed reactions.

Amazon has opened the first phase of its HQ2 project in Arlington, Virginia, which includes two 22-floor glass towers, a 2.5-acre park, 2.1 million square feet of office space, and 50,000 square feet of retail space. The complex will house 14 local small businesses, a community garden, and a public park with protected bike lanes, a dog run, and a children's play area. Virginia Governor Glenn Youngkin praised the partnership with Amazon and the economic boost it will bring to the state. Critics have raised concerns about the impact on housing costs and gentrification, but Amazon has committed over $1 billion to create and preserve affordable housing in the region.

via WTOP|
#amazon#arlington#business
business2 years ago

Inside Amazon HQ2: A First Look at Jasper and Merlin Towers.

Amazon has opened the first phase of its second headquarters in Arlington, Virginia, exceeding job creation projections and creating a new public park space, 14 locally owned small businesses, improved neighborhood connectivity, and other amenities encouraging activity 18 hours a day. The Metropolitan Park project includes more than 2.1 million square feet, two 22-story buildings, and a new 2.5-acre public open space that features a dog park, recreation areas, seasonal weekend farmers markets, and more. The buildings feature spaces for Amazon employees to gather called “centers of energy," and the complex has secure, transportation-related features and spaces, including 620 bike racks, two bike repair and wash stations, a half-mile of new, protected bike lanes, and locker rooms with showers for commuters.

via About Amazon|
#amazon#arlington#business
sustainability2 years ago

"Amazon's Sustainable HQ2: Inside Construction, Design, and Local Businesses"

Amazon's new HQ2 in Arlington, Virginia, will run with no operational carbon emissions and be powered by 100% renewable energy from a nearby solar farm. The 2.1 million square feet of space includes clean energy technology and sustainability features such as tinted glass windows for cooling, special cooling technology that saves 7.5 million gallons of water per year, and advanced energy metering systems. The development was designed in consultation with the surrounding community and includes amenities for employees as well as a rooftop vegetable garden that will distribute food to local community organizations. Amazon is committed to reaching net zero carbon emissions across all operations by 2040.

via CNBC|
#amazon#hq2#net-zero-carbon-emissions
business2 years ago

Uncertainty Looms as Amazon Halts HQ2 Plans in Arlington

Amazon's decision to pause its HQ2 construction in Arlington, Virginia due to the pandemic has raised concerns about the future of the project and its impact on the local economy. While some worry about the loss of jobs and economic development, others see the pause as an opportunity to reassess the project's impact on the community and address concerns about affordable housing and transportation.

via DCist|
#amazon#arlington#business