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Amazon announces major expansion in Boston

02 May 2018

Because of Amazon's large presence here and the region's talented workforce, Boston has been considered a top contender for the company's so-called "HQ2" - a massive campus that could eventually house 50,000 jobs - and Amazon officials visited here in March to scout potential sites.

The space will be home to 2,000 workers from various fields of expertise, like robotics, machine learning, speech science and cloud computing. A recent study by the real-estate website Zillow found Boston's selection could boost rental prices by 1.4 percent, which would take the current median rent from $2,371 up to $2,490. In February, Mayor Marty Walsh made public that Amazon inked a deal to move into a massive, 430,000-square-foot office in the Seaport in 2021, where employees will likely focus on Alexa and artificial intelligence projects.

The city of Boston approved $5 million in property-tax breaks for Amazon's Seaport office. In January, it wrote, "By Amazon's choice, this is a public auction, so you should conduct this deal out in the open".

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Aside from the most obvious way Amazon could make money through Alexa, ordering items from the eCommerce platform, the team has been developing new areas.

Amazon will be expanding Vancouver's tech hub by opening a new headquarters in the city's downtown core. Amazon already has a total of 6000 Canadian employees.

In November, the company announced 1,000 new tech jobs at its Vancouver office.

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Amazon's new office is expected to open in 2022.

Since 2011, Amazon has invested over $400 million in MA, from building customer fulfillment infrastructure and research facilities to compensation to its teams.

With more than 566,000 employees worldwide, Amazon ranks #1 on Fast Company's Most Innovative Companies, #2 in Fortune's World Most Admired Companies, and #1 on The Harris Poll's Corporate Reputation survey. Hiring an additional 2,000 people will certainly help. More than 6,000 people now work for Amazon in Canada, including 1,000 researchers and engineers in Vancouver at several sites.

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Amazon announces major expansion in Boston