The e-commerce giant Amazon has announced plans to build new office space in both Denver and Tempe, as well as four other U.S. cities, as it continues to see its revenues boom in the wake of the Covid-19 outbreak and national economic shutdown.
Altogether, the Seattle-based company plans to add in excess of 900,000 new square office feet in the wake of second quarter sales showing an increase of $2.6 billion in the second quarter of this year over 2019, for a total of more than $5.2 billion.
In Denver, the company will be upgrading and moving into some 20,000 square feet of new space at its current office hub located at 1414 Wynkoop Street in the city’s Lower Downtown neighborhood.
Amazon initially moved into its 98,000 square foot Wynkoop Street location, officially called the Denver Tech Hub, last summer.
In Tempe, the company will be moving into 90,000 square feet of new office space in a building that is already under construction at 100 South Mill Avenue. That structure is a part of a growing technology hub near the Tempe Town Lake.
The company is also building out new office space in Dallas, Detroit, New York, and San Diego.
In New York, Amazon will be repurposing some 630,000 square feet that was formerly a premiere Lord & Taylor location on Fifth Avenue in Manhattan.
In March, Amazon purchased that structure at 424 5th Avenue for $1.1 billion.
In total, the company said it will be spending around $1.4 billion either building out or expanding new office space in the six cities.
Noting that the company’s office space expansion will also see the hiring of around 3,500 people, Beth Galetti, senior vice-president for human resources at Amazon, said in a statement: “We look forward to helping these communities grow their emerging tech workforce.”
By Garry Boulard
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