El Paso submits bid for Amazon’s second headquarters
The bid is in as the city of El Paso officially asked Amazon to build its second headquarters in the Sun City.
The $5 billion project is expected to provide about 50,000 jobs for the city it chooses, and UTEP economics professor Tom Fullerton said the payoff would be substantial.
“This is a game changer and that’s why so many cities around the country (are) excited about the prospects of, you know, potentially recruiting Amazon to their locations,” Fullerton said.
John Barela with the Borderplex Alliance said El Paso has a good chance at winning the bid.
“The El Paso and Borderplex region’s cost of living is low and housing prices are low,” Barela said. “We do have some advantages in that regard, compared to other localities.”
With that in mind, when asked if having Amazon in the Borderland would drive costs up, Barela said the city would maintain its low cost of living.
"I believe that our region can absorb many thousands of more jobs and still maintain our quality of life and maintain our lower cost of living than other parts of the country,” Barela said.
Amazon said it is looking for a location that is a metropolitan area with more than 1 million people, a stable and business friendly environment, an urban or suburban location with the potential to attract and retain strong technical talent, and communities that think big and creatively when considering locations and real estate options.