Amazon HQ2 Update 03/03/23

Amazon and JBG SMITH on Track to Deliver First Phase of Amazon’s National Landing Headquarters in Summer 2023 - Phase 2 Delayed

JBG SMITH has announced that work on the first phase of Amazon’s new National Landing headquarters remains on schedule for a summer 2023 opening without interruption or delay. Amazon’s new offices at Met Park will accommodate up to 14,000 Amazon employees, including the 8,000 workers that Amazon has already hired – which represents a 60 percent increase in its local workforce since its previous disclosure in spring 2022. However, it has also been confirmed that Phase 2 of the project is now on pause.

The 2.1 million-square-foot development at Met Park represents phase one of Amazon’s long-term commitment to National Landing in Northern Virginia. In May 2022, Amazon completed the acquisition of JBG SMITH’s adjacent Pen Place development site. JBG SMITH continues to partner with Amazon in planning for the second phase of the development, which is expected to encompass 3.3 million square feet across three office buildings and The Helix, a unique biophilic double helix amenity center with plantings native to the Mid-Atlantic region.

“We are greatly encouraged by Amazon’s recently reaffirmed commitment to its second headquarters project and to hiring at least 25,000 workers at HQ2. This project continues to serve as a major catalyst for National Landing’s transformation into a global hub of innovation and a vibrant mixed-use urban community,” said JBG SMITH CEO Matt Kelly. “In addition to welcoming Amazon employees to its new 2.1 million square-foot headquarters this summer, we are moving eagerly ahead on Virginia Tech’s $1 billion Innovation Campus. JBG SMITH also remains on track to deliver 1,500 new apartments currently under construction in National Landing and expects to welcome 55 new retailers to the neighborhood over the next 18 months alone. All of these projects, along with billions of dollars in infrastructure improvements, have been made possible by Amazon’s commitment to National Landing.”

Kelly added, “We continue to work with Amazon to advance plans for Pen Place, and look forward to helping Amazon realize its complete vision for HQ2.”

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