Business A.M
No Result
View All Result
Thursday, March 5, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Company

A California city offers Amazon $400 million incentive to build headquarters near US-Mexico border

by Admin
October 19, 2017
in Company

The city of Chula Vista, California, is offering a $400-million incentive package to Amazon if it decides to build its second headquarters there, reports Business Imsider

The plan would be part of the larger redevelopment of Chula Vista’s downtown.

The bid also includes a proposal for what would be the “world’s first binational university” with campuses in the United States and Mexico.

Across North America, over 50 cities are submitting bids to house Amazon’s second headquarters. The company announced last month that it will invest $5 billion in the construction of the new facility, called HQ2, in an undetermined location and create 50,000 new jobs.

Bids are due on Thursday, but a few cities have already shared their proposals for Amazon’s campus.

Chula Vista, a city 10 miles outside of downtown San Diego, California, has a distinct vision.

Its 25-page proposal, called “Welcome Home Amazon,” outlines a $400-million incentive package in the form of tax breaks, and promises to give Amazon 8 million square feet of space.

In a statement, the city of Chula Vista said its neighborhoods were “shovel ready.”

Chula Vista’s Amazon proposal is part of a larger redevelopment plan for the city over the next 20 years, which will be completed whether or not Amazon comes to the California city.

The area is currently home to over 260,000 people, but its masterplan (dubbed “Millenia”) calls for 11 new neighborhoods that will house approximately 60,000 new residents, according to the city. The plan mostly focuses on new housing, though it also includes a giant office park, more retail space, and a hotel.

Amazon’s site in Chula Vista would be about six miles from the United States-Mexico border in Tijuana. The city’s proposal also calls for the creation of “the world’s first binational university” near Amazon’s headquarters — which would have campuses in both California and Mexico.

“We dream of a university that is integrated with industry so much so that classes could be held on the second floor while industry and internships are happening on the third, fourth and fifth floors. We want a university that prepares students to enter the workforce the day they graduate, regardless of what country they come from,” the city wrote in its bid.

Chula Vista said construction on Amazon’s HQ2 site could be completed as early as 2020.

Admin
Admin
Previous Post

Mitsubishi Motors announces first business plan since mileage scandal

Next Post

Nigeria’s state-owned electricity grid operator faces probe over $2bn foreign loans

Next Post

Nigeria’s state-owned electricity grid operator faces probe over $2bn foreign loans

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026
All federal airports fully insured , says Kuku

FAAN to adopt hybrid payment system at Airport toll gates after Tinubu suspends cashless rollout

March 5, 2026
Google expands AI Search to Yorùbá, Hausa to boost local language inclusion

Google expands AI Search to Yorùbá, Hausa to boost local language inclusion

March 5, 2026
Vitafoam shareholders approve N125m bonus issue, N3.75bn dividend after earnings rebound

Vitafoam shareholders approve N125m bonus issue, N3.75bn dividend after earnings rebound

March 5, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026
All federal airports fully insured , says Kuku

FAAN to adopt hybrid payment system at Airport toll gates after Tinubu suspends cashless rollout

March 5, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M