Amazon announced last week that it has narrowed its search for a new headquarters, dubbed HQ2, to 20 cities, down from 238. That sent economic development efforts into overdrive. In Maryland, Gov. Larry Hogan is proposing a $5 billion incentive package in an attempt to lure the headquarters, with its estimated 50,000 jobs, to Montgomery County. Chicago is offering $2 billion, but says it could go higher.
In Texas, Dallas and Austin made the cut. Neither city is offering incentives — yet. Instead, both cities are touting their business climates and their high-quality workforces.
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