top of page

Amazon Hits Pause on 2nd Headquarters

  • The e-commerce giant announced yesterday that it's halting construction of its 2nd HQ in Arlington, VA.

  • The first part of the project, Metropolitan Park, is on track for a summer ribbon cutting.

  • The swanky office park put on hold, is known as PenPlace, which would encompass three 22-story towers and a sleek helix-shaped building.

  • Amazon's pause is part of a bigger trend. Other Big Tech companies like Meta and Twitter have also cut their real estate footprints to save money.

SOURCE: Morning Brew 3/4/23

1 view0 comments
bottom of page