#Amazon to Sacramento: Not even for $500 million

Screenshot 2018-02-05 at 06.24.15

It’s going to take Sacramento a lot more than $500 million to convince Amazon to relocate to the California capitol.

Local officials put together an elaborate package of architectural drawings, produced a virtual reality video and purchased a 30-second radio ad in Amazon’s hometown of Seattle asking for a meeting with CEO Jeff Bezos.

According to the Sacramento Bee, the core of the bid was a financial incentive package likely larger than any other produced in the Sacramento region.

Local governments offered more than $500 million in job grants, land donations and infrastructure financing to lure Amazon. Despite those offers, Sacramento was not among the 20 finalists for Amazon’s HQ2.

Though there are few companies like Amazon, the details shed light on how far local officials are willing to go to attract a high-caliber private employer and offer a blueprint for future bids. They also show how cities within the region might stack up against one another if they have to compete for the same company.

The latter isn’t good.


One thought on “#Amazon to Sacramento: Not even for $500 million

  1. Jerry and his leftist party have only themselves to blame for Radical Enviro laws, lousy roads, the Cap & Tax scam that makes power cost 4 times the average power in other states. and let’s not forget the job-killing $15 an hr wage.. Arizona or Nevada will get it..


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s