Arlington County approves $23 million in tax incentives for Amazon's HQ2
ARLINGTON, Va. (ABC7) — After a tense meeting of the county board, at which more than a hundred spoke and one angry eruption led to a man being arrested, Arlington County voted Saturday to approve $23 million in tax incentives for Amazon to bring HQ2 to Crystal City.
The county and company will now move forward with the headquarters.
A release from the county referred to the deal as "an annual pay-for-performance grant valued at approximately $23 million, tied to the company meeting targets of occupying 6 million square feet of office space over the next 15 years."
Arlington residents who were both pro- and anti-HQ2 packed the hearing and spoke in two-minute comments to the board.
The county's chamber of commerce released a statement shortly after the announcement, saying that "Amazon's commitment to Arlington will help balance Arlington's economy, making it less reliant on the Federal government," and calling the vote a historic moment.
