'We Were Right,' Says AOC as Amazon Suspends HQ2 Construction in Virginia

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'In the end, we were right,' says AOC as Amazon halts construction on HQ2.

that"maybe a multibillion-dollar subsidy for the biggest corporation in the world to build an office was a really bad idea after all."in a statement that"Amazon's announcement shows once again that paying off a historically wealthy corporation with massive subsidies to make a single office siting decision is bad policy.

\u201camazon wanted $3.5 billion in benefits from NY to build this thing they've stopped building\n\n@AOC was right \ud83d\udc85\u201dAmazon has nearly finished phase one of HQ2 construction, a pair of office towers, and plans to move employees into that development, Metropolitan Park, in June. However, phase two—PenPlace, set to be built across the street with three towers, a corporate conference center, and other features such as a garden—is now on hold indefinitely.

"We're always evaluating space plans to make sure they fit our business needs and to create a great experience for employees," John Schoettler, who leads Amazon's global real estate portfolio, told."And since Met Park will have space to accommodate more than 14,000 employees, we've decided to shift the groundbreaking of PenPlace out a bit.

"Our second headquarters has always been a multiyear project, and we remain committed to Arlington, Virginia, and the greater capital region—which includes investing in affordable housing, funding computer science education in schools across the region, and supporting dozens of local nonprofits," Schoettler added."We appreciate the support of all our partners and neighbors, and look forward to continuing to work together in the years ahead.

Congressman Don Beyer on Friday said that Amazon staff made similar assurances to him directly. He urged the Seattle-based company to"promptly update leaders and stakeholders about any new major changes in this project, which remains very important to the capital region."

 

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