Download
HTML Embed
HTML EMBED
Click to Copy

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Corner Office from Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Tech
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

What’s in those Amazon HQ2 bids? It’s not entirely clear

Renata Sago and Leila Goldstein Nov 6, 2018
Share Now on:
HTML EMBED:
COPY

Sam Bailey remembers when he got the big news back in January: Amazon execs had chosen his region, metro Denver, as one of the 20 finalists for its new headquarters out of 238 proposals. 

Bailey was responsible for that pitch as an executive at the Metro Denver Economic Development Corp., a private economic development group representing nine counties in the region. He said the organization’s larger geographic scope gave Denver’s pitch an advantage.

“We’re able to represent a breadth of communities, a breadth of workforces and more when responding to projects like Amazon HQ2,” he said.

Of the 20 finalists for Amazon’s HQ2, 12 were submitted by chambers of commerce or public-private partnerships like the one in metro Denver.

Some of those proposals have come under fire because those groups aren’t subject to some public disclosure laws.

Earlier this year, a New Jersey court forced Newark’s Economic Development Corp. to release its pitch to the public. 

“There’s hundreds of millions or billions of dollars, of tax dollars, at stake,” said CJ Griffin, a partner at Pashman Stein Walder Hayden, who argued the case. “That’s taxpayer money. When you give tax breaks, that impacts other people, so the public has a right to know.”

But not every state requires agencies that work on behalf of the public to make their business dealings public. And some economic development officials think it should be that way.

“You wanna make sure that you are not tipping your hand with respect with how you’re trying to compete economically with other regions,” said Michael Finney, who runs Miami-Dade Beacon Council, a public-private partnership that submitted another finalist bid. 

Besides, Finney said, if Amazon chooses the city, the deal will have to go through a public process in order to get inked.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Make a good investment!

Looking for a great deal?
Get ALL THREE of our new thank-you gifts when you donate $120.

This is a limited time offer – so act soon!