Long Beach, Huntington Beach publish Amazon Coast bid after online titan rejects offer
(WorldNews Business)

If Amazon had built its second headquarters in the cities of Long Beach and Huntington Beach, the company would have been able to keep some of the tax revenue the move may have spurred, among other incentives. After losing out on the lucrative bid, the two cities on Friday publicly released their proposal—dubbed “Amazon Coast.” The proposal details the trade-offs the two cities were willing to make to lure Amazon and the 50,000 high-paying jobs it promises. Among the incentives: Development of the Amazon coast sites could have been expected to result in significant increases in those sites’ property values, so a share of whatever the associated increase in property...