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Amazon narrows list of cities for new headquarters to 20

Sara Salinas

Amazon

(NASDAQ: AMZN)

said Thursday it narrowed the list of potential cities for its second headquarters to 20 cities.

Amazon said it will spend $5 billion in the city where it builds its second headquarters, and will employ 50,000 there. The company previously said it was looking at metropolitan areas with 1 million people and a stable, business-friendly environment.The cities are:Atlanta, GAAustin, TXBoston, MAChicago, ILColumbus, OHDallas, TXDenver, COIndianapolis, INLos Angeles, CAMiami, FLMontgomery County, MDNashville, TNNewark, NJNew York City, NYNorthern Virginia, VAPhiladelphia, PAPittsburgh, PARaleigh, NCToronto, ONWashington D.C.The e-commerce giant received 238 proposals from cities in North America, many with lofty tax incentives and unique offers directed at CEO Jeff Bezos."Getting from 238 to 20 was very tough – all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan, an executive with Amazon Public Policy, said in a statement.The 20 cities that are moving on in the selection process will work with Amazon over the coming months to "evaluate the feasibility of a future partnership," the company said.Amazon expects to make a final decision this year.

An

analysis by CNBC

determined that the Charlotte/Raleigh-Durham area of North Carolina best matched Amazon's criteria.

This story is developing. Please check back for updates.

Amazon

(NASDAQ: AMZN)

said Thursday it narrowed the list of potential cities for its second headquarters to 20 cities.

Amazon said it will spend $5 billion in the city where it builds its second headquarters, and will employ 50,000 there. The company previously said it was looking at metropolitan areas with 1 million people and a stable, business-friendly environment.

The cities are:

Atlanta, GA

Austin, TX

Boston, MA

Chicago, IL

Columbus, OH

Dallas, TX

Denver, CO

Indianapolis, IN

Los Angeles, CA

Miami, FL

Montgomery County, MD

Nashville, TN

Newark, NJ

New York City, NY

Northern Virginia, VA

Philadelphia, PA

Pittsburgh, PA

Raleigh, NC

Toronto, ON

Washington D.C.

The e-commerce giant received 238 proposals from cities in North America, many with lofty tax incentives and unique offers directed at CEO Jeff Bezos.

"Getting from 238 to 20 was very tough – all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan, an executive with Amazon Public Policy, said in a statement.

The 20 cities that are moving on in the selection process will work with Amazon over the coming months to "evaluate the feasibility of a future partnership," the company said.

Amazon expects to make a final decision this year.

An

analysis by CNBC

determined that the Charlotte/Raleigh-Durham area of North Carolina best matched Amazon's criteria.

This story is developing. Please check back for updates.



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