Amazon Scraps Plan to Lease Seattle Skyscraper Office Space

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Amazon Scraps Plan to Lease Seattle Skyscraper Office Space
Photo: Courtesy Jordan Stead/Amazon

Almost two weeks after dumping its plan to build a new headquarters in New York City, Amazon is scrapping its plan to lease space in the yet-to-be-built skyscraper in Rainer Square, according to a report by GeekWire.

GeekWire reports that it initially found a flier confirming Amazon’s hunt for subleasers with the listing being made official over the weekend. Amazon provided a statement to GeekWire at 10:30 a.m.:

“We are currently building two million square feet of office space in our South Lake Union campus in Seattle. We are always evaluating our space requirements and intend to sublease Rainer Square based on current plans. We have more than 9,000 open roles in Seattle and will continue to evaluate future growth.”

Some speculate the future of Amazon’s growth in Seattle and the uncertainty surrounding the company’s hometown and headquarters. However, a December 2018 blog post, Amazon wrote it has more than 44 buildings in Seattle, occupying 8.1 million square feet. The post gives several billion dollar examples of the cash-flow Amazon has injected into Seattle.

“Overall, the company’s investments have created 53,000 indirect jobs in Seattle in several industries, from food, healthcare, and professional services, to construction and real estate,” the post states. “Amazon estimates that its investments in Seattle since 2010 resulted in an additional $38 billion being added to the city’s economy, with every Amazon investment dollar generating an additional 1.4 dollars for the city’s overall economy.”

According to Business Insider, Amazon’s threat to sublease the space came in May 2018 after a tax passed by the city council that affected large businesses to help combat homelessness.

Amazon Scraps Plan to Lease Seattle Skyscraper Office Space
Photo: Courtesy Jordan Stead/Amazon

Two weeks ago Amazon wrote in its blog, Dayone, in a post titled “Updates on plans for New York” that after much deliberation, the company has decided not to move forward with its plans to build a headquarters in Long Island City, Queens.

“For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term,” the post states.

Amazon went further to state that it does not plan on reopening the search for its HQ2 at this time.

“We do not intend to reopen the HQ2 search at this time. We will proceed as planned in Northern Virginia and Nashville and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada.”

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