Amazon to Create More Than 100,000 New, Full-Time, Full-Benefit Jobs across the U.S. over the Next 18 Months
Did you guys catch this press release this week?
Amazon, already one of the countries biggest employers, has plans to add 100,000 new, full time employees to its work-force over the next 18 months. This would increase their employment base from 180,000 to 280,000 people by mid-2018.
For Seattleites, we might wonder how many of those jobs will stay here in town near the headquarters of our locally grown online behemoth – according to various sources, Washington has roughly 40,000 employees that make up the corporate offices and fulfillment centers. Jeff Bezos the Amazon Founder and CEO says:
“Innovation is one of our guiding principles at Amazon, and it’s created hundreds of thousands of American jobs. These jobs are not just in our Seattle headquarters or in Silicon Valley—they’re in our customer service network, fulfillment centers and other facilities in local communities throughout the country,”
In our opinion this has an incredible impact on our local economy and therefore the Seattle condo market as a whole. We see the daily impact Amazon has had on our local landscape and how it has shaped the future of our city. At this point in time Amazon has more than 30 buildings and over 10 million square feet of office in our City core. Some estimates suggest that they will have 50,000 employees in Downtown Seattle by 2020. If your looking for a reason to invest in a Downtown Seattle condo, I wouldn’t look any further than the stats and statistics on Amazon’s expansion. However, if that is not enough, just a few hours ago it was announced that Facebook signed a lease for more office space in Seattle. Still not convinced? We can discuss, Nordstrom, Starbucks, Costco, Nintendo, Weyerhaeuser and others at a later date.
The economic train is speeding towards Seattle – if you haven’t invested in local real estate already, it might be time to jump on board.
Have questions? Get in touch. We would love to help.