Updated 2:21 p.m. This is a breaking news item and will continue to be updated.
Today, e-commerce giant Amazon.com Inc. announced northern Virginia and New York City as the split-location of HQ2, its new North American headquarters.
For Pittsburgh, it ends a year-long competition with 20 finalists that prompted no shortage of public skepticism, affordable housing concerns, and official secrecy here.
County Executive Rich Fitzgerald told reporters today that Pittsburgh’s bid will likely be released Thursday and that the city and county will be forthcoming with their portions of the proposal. He declined today to say how much was spent on it, but added that more information would be available later this week.
D.C. suburb Arlington, Va., and Long Island City in Queens, NY, will split the HQ2 project which promised billions in investment and tens of thousands of new jobs to the chosen location, according to Amazon. Amazon will invest a total of $5 billion and each location will get more than 25,000 jobs, per NPR. The company also announced Nashville, Tenn., will be home to a new East Coast hub or Operations Center of Excellence.
The e-commerce giant announced its search for its second North American headquarters — the first is located in Seattle — in September 2017. That kicked off a continental scramble by hundreds of cities and dozens of states thrilled by the promise of 50,000 new jobs and billions in investment and willing to offer major enticements in an effort to claim them.
Pittsburgh joined the fray almost immediately and spent big on developing a bid that touted the city’s journey from fading 20th Century Rust Belt icon to a 21st Center hub of tech, innovation and cutting-edge research.