Amazon seeks first incentive funds from Virginia HQ2 project

By MATTHEW BARAKAT
Associated Press

FALLS CHURCH, Va. (AP) — Amazon is asking Virginia for nearly $153 million in state incentive payments. It would be the first tranche of funds to be paid out since the tech giant agreed in 2018 to build a headquarters complex in the state. The application comes even as Amazon has paused work on what will be the centerpiece of its corporate campus — a development project that will feature a 350-foot, helix-shaped tower. The grant application was released Wednesday by Virginia economic development officials. The request for $152.7 million is in line with the incentive deal Virginia used to lure Amazon. It calls for Amazon to receive a $22,000 grant for each job it creates. Amazon says that so far it has created nearly 7,000 eligible jobs.