Irvine, California — $5 billion
Donald Bren, the multi-billionaire owner of the development firm Irvine Company, said he would bankroll the entire construction of HQ2 — which Amazon expects to cost $5 billion — if the company chooses Irvine, California.
Bren outlined his offer in an October 12 letter to Amazon CEO Jeff Bezos.
"In essence, you would have a one-click shopping opportunity and be able to capitalize on our in-place property development rights, thus avoiding potential delays, because Irvine Company has invested more than 60 years master planning 93,000 acres of land, and designing and overseeing the creation of the largest new city in America…Irvine, California," he wrote.
Philadelphia, Pennsylvania — $2 billion to $3 billion
Maryland — tax incentives "in the billions of dollars"
Maryland governor Larry Hogan would not disclose specifics about the tax incentives in the state's HQ2 bid.
But the Baltimore Sun reported that Maryland's incentive package totals somewhere "in the billions of dollars."
Baltimore City as well as Charles, Howard, Prince George's, and Montgomery counties are also submitting separate proposals that could include additional tax breaks for the company.
Worcester, Massachusetts — $500 million
Worcester, a city an hour west of Boston, Massachusetts, said it's willing to grant $500 million in real-estate tax exemptions and a 100% personal property tax exemption for 20 years to Amazon employees, according to WBUR.
The city's 60-page HQ2 proposal also mentions the possibility of additional tax credits for investment and research and development.
Chula Vista, California — $400 million
California — $300 million to $1 billion
California's governor's office will offer $300 million to Amazon in tax breaks if it picks a city in the state, Reuters reports.
But a bill introduced on Thursday in California's state assembly could give the company even more — up to $1 billion in tax breaks over 10 years.
Memphis, Tennessee — $60 million