Amazon has been rapidly expanding in Boston in an indication that maybe this bustling metropolis will win Amazon’s HQ2 search.
Amazon is in talks to lease 500,000 square feet of offices in Boston’s Fort Point Channel neighborhood, a hot destination for tech companies, with an option to double the amount of space also being discussed, the Boston Globe reported on Thursday. The search started before Amazon publicly disclosed its HQ2 search, the paper said.
That sounds a lot like the first stage of the plan Amazon laid out for HQ2. Though the second headquarters is ultimately projected to house 50,000 workers in a $5 billion, 8-million square foot campus by 2027, Amazon said the first phase of the project would be to open about 500,000 square feet of space in 2019 in the new city.
In the HQ2 search, which is supposed to be completed before the end of this year, Amazon (amzn) said it was targeting a metro area with at least 1 million residents with a “stable and business-friendly environment.” The company received some 238 proposals for HQ2, including one from Boston, along with Chicago, Dallas, New York, and Washington D.C. The proposals included all kinds of sweeteners to lure Amazon. Chula Vista, Calif., offered to give the company $100 million worth of land and Chicago mentioned refunding the company $1.3 billion in tax revenue collected from its employees, for example.
Outsiders have tried to guess which region is most likely to win. One betting web site listed Atlanta as the favorite, followed by Austin, Boston, and Toronto. But the proposals have come in from all manner of towns, cities, and counties in the United States and Canada.