HQ2

Officials in Northern Virginia largely played down Amazon.com Inc.’s AMZN 3.01% decision to pause plans for a second phase of its corporate campus in Arlington, Va., describing it as an understandable speed bump on a project already benefiting the local economy. “It really doesn’t concern me. In fact, I’m quite understanding,” said Christian Dorsey, chair of the Arlington County Board, in a call with…

Remember when Amazon turned the United States into Thunderdome, making every state battle over the right to host the company’s next big headquarters and 25,000 jobs? Well, after laying off more than half that number, Amazon is tapping the brakes on HQ2 in Virginia, putting off construction of three 22-story office towers. The news was first reported by Bloomberg. The first phase of construction, called Metropolitan Park, is nearly complete and will host some 8,000 employees when it opens in June — assuming the new…

After a dramatic competition that pitted US cities against one another, years of contested planning, and claims of unwavering commitment despite the pandemic, Amazon now says its plan for a second headquarters, aka HQ2, is on pause. The company said today that it will delay construction of more than half of the millions of square feet of space in a campus planned for Arlington, Virginia, including a twisting tower meant to become a signature landmark for the city. Amazon, which is still in the process of laying off more…