Amazon may choose Atlanta for the location of its second corporate headquarters, according to a recent report by GBH Insights. As explained by Business Insider, Amazon plans to invest $5 billion in its new 500,000-square-foot headquarters over the next 10 years, which will create an estimated 50,000 jobs.
Amazon has narrowed its selection down to 20 potential cities, including Atlanta, from an original pool of 238. While the online retailing giant hasn’t announced a selection yet, there’s strong evidence suggesting that it could be Atlanta.
After analyzing what they believe Amazon is looking for in the hometown of its new headquarters, GBH Insights researchers concluded that Atlanta is the most likely candidate, followed by Raleigh, Washington D.C., Boston and Austin. You may notice that all of these cities, with the exception of Austin, are located on the East Coast. Assuming Amazon chooses one of these cities, this will keep its new headquarters next to the country’s capital.
This isn’t the only report predicting that Amazon will choose Atlanta in which to build its new headquarters. Sperling’s Best Places also ranked the southern city as the leading contender.
Of course, countless other big-name companies already call Atlanta their home, including Coca-Cola, Delta, Newell Rubbermaid and Home Depot. One of the reasons Atlanta is such a popular choice for corporate headquarters is because of tax incentives. Furthermore, it has a relatively low cost of living when compared to other cities. With so many benefits, there’s a good chance that Amazon will construct its new headquarters in Atlanta.