City Of Chula Vista Offers Amazon $400 Million In Incentives, Shovel-Ready Location And 85 Acres On New University Site For Headquarters

CHULA VISTA, Calif., Oct. 18, 2017 /PRNewswire/ -- The Chula Vista City Council is offering a $400 million incentive package to attract Amazon's next headquarters that includes a shovel-ready office location and the opportunity to co-create California's next university. The Chula Vista site provides eight million square feet for the tech giant in a new headquarters located minutes from downtown San Diego, Lindbergh Field and the U.S.-Mexico border.

The incentive package approved unanimously by the City Council on October 17, includes:

• Partnering to create a new four-year, multi-institutional, binational university
• Providing, at no cost, Amazon with 85 acres of Innovation District property (currently valued at $100 million)
• Waiving $10 million in Transportation Development Impact Fees for buildings owned or occupied by Amazon
• Providing an amount equal to the property tax received by the City for 30 years per phase of development for buildings owned and occupied by Amazon (estimated $300 million)
• Providing an autonomous shuttle that will serve Millenia – the 200-plus acre, mixed-use hub where Amazon Headquarters 2 would be located

"We have the best proposal for Amazon," declared Mayor Mary Casillas Salas. "We can provide eight million square feet of space in a continuous greenfield development. And, Amazon can embrace our unmatched quality of life in master planned communities with houing for all income levels, biking and hiking trails, recreational activities and an incredible climate. We are ready for this."

Designed by Gensler, the architecture of the proposed headquarters campus emphasizes themes of collaboration and connectivity. Buildings are joined together through a series of outdoor bridges allowing people to travel horizontally through some of the largest floor plates currently available in Southern California. The initial 500,000 square feet of office space is shovel-ready. The City of Chula Vista, in partnership with Chesnut Properties, proposes to deliver this state of the art facility that is LEED Platinum and WELL Building certified well ahead of Amazon's stated 2019 deadline for HQ2.

In San Diego County's second largest city, Amazon will find a Smart City-focused community with global transportation connections, a skilled workforce, and housing choices from apartment and condominium communities to single-family homes and gated estates. The location also gives Amazon the opportunity to co-create California's next university offering the technical curriculum and pedagogy required to educate Amazon and the region's current and future workforce.

The City's proposal is presented in a 48-page book titled "Welcome Home Amazon" that details workforce, sustainability, lifestyle and development options. Visit www.chulavistaca.gov/amazon for the City and Chesnut Properties proposals.

About Chula Vista

The City of Chula Vista is located at the center of one of the richest cultural, economic and environmentally diverse zones in the United States. It is the second-largest City in San Diego County with a population of 267,000. Chula Vista boasts more than 50 square miles of coastal landscape, rolling hills, mountains, parks, a marina, and miles of trails. Chula Vista is a leader in conservation and renewable energy, has outstanding public schools, and has been named one of the top safest cities in the country. Established neighborhoods, contemporary communities, startups, corporations, entertainment venues, a U.S. Olympic and Paralympic Training Site, and historic downtown all contribute to Chula Vista's attraction for families and businesses. A promising future includes developing the 500-acre Chula Vista Bayfront, a new university on 375 acres, 18,000 new residential units and 15 million square feet of commercial space.

CONTACT: Anne Steinberger, [email protected], (619) 409-5446

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SOURCE City of Chula Vista

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