Hogsett: Amazon Announcement 'Speaks Volumes'

Posted: Updated:
Hogsett expects the next few months to be as busy as the last few have been, as Amazon is looking to move quickly. Hogsett expects the next few months to be as busy as the last few have been, as Amazon is looking to move quickly.
INDIANAPOLIS -

Indianapolis Mayor Joe Hogsett says Seattle-based Amazon.com Inc. (Nasdaq: AMZN) choosing the city as one of 20 finalists for its second corporate headquarters shows Indy is "punching above our weight" as an attractive tech hub. He says Indianapolis is one of the least-populated metropolitan areas on the list. The project, announced late last year, is expected to bring a more than $5 billion investment and ultimately up to 50,000 jobs.

In an interview with Inside INdiana Business, Hogsett said a recent trip to Seattle has made Indianapolis more "Amazon-ready." The Leadership Exchange Program, sponsored by the Indy Chamber, had chosen Seattle as a destination well before Amazon announced it was looking for a location for a second headquarters. As a result, Hogsett says a group of about 60 local leaders was able to see the "growing pains" Seattle experienced as a result of Amazon's investment, and how the city dealt with them.

Other state and community leaders are reacting to this morning's news as well.

Fishers Mayor and Central Indiana Council of Elected Officials Chairman Scott Fadness:

"Today’s announcement reaffirms that that opportunities for the Indianapolis Metro are endless when we work together as a region. It’s an exciting day worth celebrating, and it’s my hope that we continue to have these types of opportunities to work regionally, put our best foot forward, and drive innovation and growth in our economy."

Indiana Governor Eric Holcomb:

We are thrilled to see Indianapolis on the list of finalists for Amazon’s second headquarters. It speaks to Indiana’s growing reputation on the world stage as a great state to locate and grow a business. We look forward to working with the central Indiana region and Amazon as they continue to narrow their list of potential sites for HQ2. 

Hogsett expects the next few months to be as busy as the last few have been, as Amazon is looking to move quickly. Gary and Hammond also submitted proposals for the headquarters. As the only Indiana site selected as a finalist, Hogsett says the city can now receive the state's full attention for the effort.

The finalists, selected from 238 proposals submitted from throughout North America are:

  • Atlanta
  • Austin
  • Boston
  • Chicago
  • Columbus, Ohio
  • Dallas
  • Denver
  • Indianapolis
  • Los Angeles
  • Miami
  • Montgomery County, Maryland
  • Nashville
  • New York City
  • Newark
  • Northern Virginia
  • Philadelphia
  • Pittsburgh
  • Raleigh
  • Toronto
  • Washington D.C.
  • Perspectives

    • Unmasking Accounting Data: Moving from Reporting to Being Strategic

      What story do our financial statements tell us this month and year, to date? This was the question that was always directed at us by a former manager.  He believed that financial statements tell the story of how a business is run and the direction it’s going. Most businesses publish their profit and loss statements, and balance sheets every month. These are the standard reports included in most reporting packages. Usually, the management tends to believe...
    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Apartment Building Development Coming to Rushville

      A Knightstown company has announced plans to build four new apartment buildings in a $5.25 million development in Rushville. Villa Buildings will be built by KDC Investments, Inc on West 16th Street in Rushville.

    • The Mystery of Cancer in Firefighters: Two Indiana Researchers Uncover Clues

      There’s a lot of conjecture about cancer in the world of firefighting, but a crescendo of anecdotal—and scientific—evidence is driving two Indiana researchers to search for answers. 

    • BraunAbility Moving Global HQ to Carmel

      A manufacturer of wheelchair vehicles and wheelchair lifts in Pulaski County has announced plans to relocate its global headquarters to Carmel. BraunAbility says it will invest $7.5 million to move its HQ to the Lakeside Green Business Center and construct a new Research & Development and Technology Center. The Indiana Economic Development Corp. says the move will create up to 70 jobs in Hamilton County. The company says the investment will also boost its existing...

    • New Standard Deduction: Do you still Itemize?

      After years of itemizing deductions, many taxpayers will be taking the new larger standard deduction on their 2018 tax return. This may be a welcome change for some.  But for others, it may be time to rethink the strategy for expenses that were deductible.  The Tax Cuts and Jobs Act (TCJA) that passed in December 2017 increased the standard deduction effective for tax years beginning in 2018.  By increasing the standard deduction, a taxpayer’s taxable income is...

    • Indy Eleven Rallies For State Stadium Support

      Indy Eleven leadership, players and fans Thursday rallied at the Statehouse for support of a measure creating a public-private partnership to help fund a $150 million soccer stadium. Lawmakers are considering a measure that would allow the team to work with city leaders for two years on development plans for the venue, which would be funded by developer-backed bonds. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, team owner Ersal Ozdemir said the...