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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.

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Amazon HQ2 Secures $51M Funding Vote In VA

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Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. According to NBC News , the five-member Arlington County Board voted unanimously to approve the financial incentives despite some opposition to the package.

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Amazon’s Biggest Campus In The World Opens In India

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The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. The company’s next headquarters is being built in Arlington, Virginia. The newest campus is on 9.5

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