Calgary and Denver seen in horse race for Amazon HQ

shockedcanadian

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Aug 6, 2012
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Sorry Toronto, Calgary and Denver seen in horse race for Amazon HQ

Scores of North American cities are expected to bid for Amazon’s second corporate headquarters, or HQ2, but only two — Calgary and Denver — are in a real race to win it, based on the giant Internet retailer’s requirements, said Adam Waterous, a member of the executive advisory committee of Calgary’s bid.

“Here’s the punch line: Based on the data, third party analysis shows that it’s a two-horse race between Denver and Calgary … and we are running the faster race,” the chief executive of Waterous Energy Fund and the former global head of investment banking at Scotiabank, said Wednesday.

“We think we have a large competitive advantage over Denver. We think we have a very good chance of winning this.”

STRENGTHS
In an interview, Waterous said Calgary beats the Colorado city in four areas: lower cost of living, less traffic congestion, availability of office space, and opportunity for Amazon to amplify its global nature.

Calgary Economic Development announced Wednesday it has established an advisory committee to support the city’s bid.
 

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