While Boston is vying with other cities like Philadelphia and Jacksonville for Amazon’s second headquarters, the retail giant is looking to bring over 2,000 jobs to the Seaport area.
Amazon filed documents with the Boston Planning and Development Agency to lease 430,000 square feet of a new development in Seaport. The negotiation also has an option to lease additional space in the new Seaport Square space.
In exchange, Amazon is promising 2,000 more jobs by 2025.
The location is thought to be along East Service Road. Construction on the building alone will bring 800 jobs and would be scheduled to be completed in two years.
The potential 20-million-dollar project is also proposing Amazon make a large payment instead of property tax fees, if the company delivers on jobs as and when promised.
-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent