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Appendices

Head Office: London’s rise and future as a corporate centre

Appendices

Appendix 1

Amazon’s estimation of the local benefits of its Seattle HQ (HQ1) 124

Direct:

  • 40,000 employees.
  • 233,000 annual hotel nights by visiting “Amazonians and guests” (2016 figure).
  • $43 million “paid into the city’s public transportation system as employees’ transportation benefit”.
  • 24 restaurants/cafes within the HQ and eight other services.
  • $25.7 billion “compensation to employees”.

Indirect:

  • Estimated 53,000 indirectly created jobs as a result of Amazon investment.
  • $38 billion of indirect investment as result of Amazon investment.
  • $17 billion “increase in personal income by non-Amazon employees as a result of Amazon’s direct investments”.
  • Increase from 7 (2010) to 31 (2017) Fortune 500 companies with engineering/R&D centres in Seattle.

Appendix 2

Amazon HQ2 location criteria

In inviting bids for HQ2, Amazon expressed a “preference” for:

  • “Metropolitan areas with more than one million people”.
  • “A stable and business-friendly environment”.
  • “Urban or suburban locations with the potential to attract and retain strong technical talent”.
  • “Communities that think big and creatively when considering locations and real estate options”. 124

In addition, the “ideal site” was described as:

  • No more than 30 miles to a major “population centre”.
  • Within approximately 45 minutes of an international airport.
  • No more than two miles from major highways and arterial roads.
  • Having access to “mass transit” (“rail, train, subway/metro, bus routes”)
    at site.

Amazon also provided a list of “key preferences and decision drivers” for their prospective location, including:

  • “A stable and business-friendly environment and tax structure”.
  • “Incentive programs available for the Project at the state/province and local levels… (i.e. land, site preparation, tax credits/exemptions, relocation grants, workforce grants, utility incentives/grants, permitting, and fee reductions)… the initial cost and ongoing cost of doing business are critical decision drivers”.
  • Access to “a significant population centre” with “a highly educated labour pool… and a strong university system”.
  • Infrastructure connectivity for both people and goods, and direct connecting flights to Seattle, New York, San Francisco/Bay Area and Washington, D.C.
  • A rapid timetable for development permits and zoning laws.
  • A “cultural community fit”, consisting of “the presence and support of a diverse population”, supportive local government and high-quality higher education institutions.
  • An overall high quality of life offering – “we want to invest in a community where our employees will enjoy living”.
  • “Relevant crime data” was also requested. 124
  • 124 Amazon.com, Inc. (2017). HQ2 Request for Proposals. Retrieved from: https://images-na.ssl-images-amazon. com/images/G/01/Anything/test/images/usa/RFP_3._ V516043504_.pdf
  • 125 Amazon.com, Inc. (2017). HQ2 Request for Proposals. Retrieved from: https://images-na.ssl-images-amazon. com/images/G/01/Anything/test/images/usa/RFP_3._ V516043504_.pdf
  • 126 Amazon.com, Inc. (2017). HQ2 Request for Proposals. Retrieved from: https://images-na.ssl-images-amazon. com/images/G/01/Anything/test/images/usa/RFP_3._ V516043504_.pdf