There’s been a change in plans for Amazon’s new second headquarters that can now benefit more than one city.
While Dallas is reportedly on the short-list with New York City and Crystal Beach in Virginia, there's a renewed interest in a huge piece of property in Downtown Dallas.
Those close to the matter say Amazon has decided that they will divide ‘HQ2’ between two host cities instead of one. They say it’s a strategy to recruit enough tech talent.
The two-city plan will also ease any housing crunch and traffic congestion. It may explain the renewed interest in the old Dallas Morning News building in downtown. The 7.2-acre campus at Houston and Young Street is across the street from Union Station that houses a light rail and Amtrak and close to I-30 and I-35. It makes it perfect for commuters.
The property was just purchased by KDC Developers, who are not known for sitting on a piece of property once they buy it. The price tag is $33 million.
With HQ2 being split into two separate cities, each location will get about 25,000 jobs and split the highly-coveted $5 billion in development and investment.
An official announcement on who the two cities are could come as early as next week.