Chicago and many other cities were beat out for the much-desired location for Amazon’s long-in-the-works HQ2 complex with a split project being won by Long Island City, New York and Crystal City, Virginia. Each city is gaining 25,000 new jobs with a $5 billion investment from the massive company.
Mayor Rahm Emmanuel alluded that Chicago was out of the running for HQ2 earlier this week, but stayed clear of confirming it. In an article from the Sun Times, Emmanuel stated “One of the things I do know about in life: You don’t succeed unless you try,…Sometimes your biggest lessons in life where you learn the most is if you don’t succeed. What you can do better and what [were] those reasons?”
Chicago and the state of Illinois offered $2.25 billion in incentives for the omnipresent tech merchandiser to bring their operation to the area.