(Bloomberg)—Amazon plans to split its second headquarters evenly between two locations rather than picking one city for HQ2, the Wall Street Journal reported, citing a person familiar with the matter.
The driving force behind the decision to build two equal offices is recruiting enough tech talent, the person said, adding that the move will also ease potential issues with housing and transit.
Under the new plan, Amazon would split the workforce with 25,000 employees in each city selected. Amazon is in advanced talks with multiple cities but has not made a final decision on which two locations it will pick, the Wall Street Journal cited people familiar as saying.
Separately, the New York Times reported Amazon is in advanced negotiations with Long Island City, New York, and Arlington, Virginia, citing people familiar with the negotiations. Amazon has not commented. Long Island City is in borough of Queens.
A decision and announcement could come as soon as this week, the people said. Shares of JBG Smith Properties, a top office landlord in the Crystal City area of Arlington, Virginia, rose as much as 7.4% on Monday after the Washington Post reported over the weekend that Amazon was in advanced talks about locating HQ2 in the Washington suburb; shares pared gains after the Wall Street Journal report and are currently up 4.1% from Friday’s close.
Amazon is No. 1 in the Internet Retailer 2018 Top 500.
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