After receiving 238 proposals, Amazon has narrowed its search for HQ2 locations to a list of 20. This is exciting news as Chicago has made the list. Since most of the locations are in the east half of the United States and with 3 distribution centers in the Chicagoland area, there is optimism that they will be the location of choice.
Below is an article from bisnow.com that details why Chicago would be a great option for Amazon and some of the locations locally that were part of the proposal. After reading the article, give us a call at Caton Commercial so we can assist you in locating commercial real estate that best meets your needs.
Source: bisnow.com | Re-Post Caton Commercial 1/25/2017 –
Amazon sent commercial real estate into a frenzy Thursday when the e-commerce giant announced the 20 finalists for its second North American headquarters.
Chicago made the cut in a list heavy on East Coast cities and the reasons why are as clear as the skies on this sunny day in the Windy City. The proposal put together by Mayor Rahm Emanuel and Gov. Bruce Rauner included 10 sites, many of them with large tracts of contiguous land for Amazon to develop.
Those include Sterling Bay’s 70-acre Lincoln Yards, Related Midwest’s 62-acre South Loop site, “the 78,” which will already be home to a tech incubator run by the University of Illinois system, Farpoint Development’s redevelopment of the Michael Reese Hospital Site, and even dark horse sites like the Illinois Medical District, McDonald’s soon-to-be-vacant Oak Brook Campus and the Motorola Solutions campus in Schaumburg.