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Friday, April 12, 2024

Amazon delays groundbreaking for HQ2’s second part


Editor’s word: This story is growing and might be up to date.

Amazon has delayed the groundbreaking of the second part of its $2.5 billion headquarters mission in Arlington, Virginia, the corporate confirmed to Development Dive. Amazon spokesperson Rachael Lighty mentioned timing on Part 2’s groundbreaking continues to be to be decided, however that pre-construction work will transfer forward this 12 months. 

The corporate confirmed that work has not been paused on the primary part of the mission, which is because of be full in June. Lighty mentioned the corporate continues to be evaluating its area wants, and no modifications to the mission’s second part have been decided presently.

The transfer, introduced Friday, comes within the wake of the corporate pausing warehouse and success heart development at services throughout the nation.

The delay is a results of the abundance of area at Met Park, the primary part of the mission, mentioned John Schoettler, Amazon’s vp of World Vast Actual Property and Amenities, in an e mail. 

“We’re all the time evaluating area plans to verify they match our enterprise wants and to create an excellent expertise for workers, and since Met Park may have area to accommodate greater than 14,000 workers, we’ve determined to shift the groundbreaking of PenPlace (the second part of HQ2) out a bit,” Schoettler mentioned.

Part 1 is being developed by Bethesda, Maryland-based REIT JBG Smith and constructed by Bethesda-based contractor Clark Development. It will function two 22-story LEED-Platinum workplace buildings, in addition to 50,000 sq. toes of retail area — leased with a give attention to native small companies — and a 2-acre public park on the central inexperienced.

Baltimore-based Whiting-Turner is the overall contractor for the second part of the mission. When accomplished, Part 2 is predicted to incorporate a 350-foot-tall glass construction often known as The Helix adorned with timber and native foliage because the centerpiece, together with three 22-story workplace towers surrounded by retail buildings, woodlands, an amphitheater, a canine run and huge areas for bicycle parking. 

Clark Development, JBG Smith and Whiting-Turner didn’t present remark by publication time.

The mission in Arlington, simply exterior Washington, D.C., is Amazon’s second U.S. headquarters. The opposite is in Seattle.

The delay isn’t the primary for the tech big. Final month, Amazon mentioned it had 99 properties which were both delayed, closed or canceled, totaling almost 32.3 million sq. toes of actual property. That is on prime of the scores of layoffs the corporate has undertaken in latest months, together with an 18,000 job slash in January.

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