Amazon’s recent announcement of a search for a second location for North American headquarters had many market and industry analysts reeling. Would it mean that the growth of our Silicon Forest was effectively over? A few weeks and a few moves by Amazon later, however, and it’s clear that the tech giant has no plans to stop its Emerald City dominance. According to a recent Geekwire feature, Wright Runstad & Co. finally confirmed that Amazon has leased space in the forthcoming Rainier Square redevelopment project, “a massive new office tower that will be Seattle’s second tallest building.” And Amazon has not only just selected to lease space in the building, they’ve elected to take “all 722,000 square feet of office space in the tower.”
The building, which is currently under construction, will be occupied by Amazon in 2020. Looking into the future, Geekwire analysts estimate that between confirmed and speculated lease opportunities, “the online retail giant’s footprint has the potential to eventually balloon to as much as 13.5 million square feet across 44 buildings.”
Looking at the way Amazon has grown in Seattle over the last decade may also offer insight into what the company plans to do in the city it chooses for its second headquarters. “The $5 billion project could bring up to 50,000 employees to the city that wins out,” and Amazon has reportedly said that the winning city will see approximately “8 million square feet of space” to accommodate HQ2.
Want to know more about Amazon’s latest office space announcement? Read the full Geekwire feature here.