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There were no promises to create a Colorado city called Amazon. There were no bribes from the state like the 21-foot cactus an Arizona city sent to get the massive retailer to build a second headquarters there. And there was no way Colorado was going to touch one state’s lavish offer of $7 billion in public incentives. Colorado, which doesn’t plan to ask taxpayers for more funding to lure Amazon, on Wednesday submitted a more subdued proposal that state officials hope will attract a new employer and bring up to 50,000 jobs to the Denver region. The state emailed the official bid a day before Amazon’s deadline, as well as mailed five paper copies overnight to the Seattle retailer’s headquarters. “Colorado’s proposal does not lead with incentives. It leads with talent,” said Sam Bailey, who led the Metro Denver Economic Development Corp. in working with the state to submit the official bid. “Ultimately, 50,000 jobs shouldn’t be led with incentives but a community that has the … [Read more...] about No bribes or cities named “Amazon”: Colorado’s pitch to get the next headquarters touts incentives that could exceed $100M

Sen. Lindsey Graham Lindsey Olin Graham Overnight Defense: Biden sends message with Syria airstrike | US intel points to Saudi crown prince in Khashoggi killing | Pentagon launches civilian-led sexual assault commission Graham: Trump will 'be helpful' to all Senate GOP incumbents John Boehner tells Cruz to 'go f--- yourself' in unscripted audiobook asides: report MORE (R-S.C.) pledged on Friday that former President Trump Donald Trump Biden to hold virtual bilateral meeting with Mexican president More than 300 charged in connection to Capitol riot Trump Jr.: There are 'plenty' of GOP incumbents who should be challenged MORE will "be helpful" to all Senate GOP incumbents on the ballot in 2022, as Republicans increasingly turn their focus to the midterms. "The president is going to be helpful to all Republican incumbents on the Senate. We've got a great slate of incumbents," Graham said during an interview with Fox News Radio. He added … [Read more...] about Graham: Trump will ‘be helpful’ to all Senate GOP incumbents

When Colorado’s first Amazon fulfillment center opens later this year, the 1 million-square-foot warehouse in Aurora won’t be full of books, beauty products and small gadgets. Instead, the 36-foot-tall racks will be packed with some of the larger items that customers order from the e-commerce giant, Amazon officials said Friday during a construction tour of the site. “Anything that’s greater than 18 inches in diameter would be in this building,” spokeswoman Ashley Robinson said. “You’re talking baseball bats, boxes of diapers, patio furniture, musical equipment.” Orders for smaller items will continue to be fulfilled out of state, potentially at centers in Texas, Arizona or Kansas, she said. “Our buildings don’t just serve one specific region. They serve everywhere,” Robinson said. “So while we’re locating this building to be as close as possible to the customer, that doesn’t mean you’re still not getting those items from all across the country.” Construction is on … [Read more...] about Colorado’s first Amazon fulfillment center in Aurora to be stocked with larger items

The Colorado Economic Development Commission approved a new scoring matrix for its popular Job Growth Incentive Tax Credit program, one designed to more precisely target state incentive awards. “It aligns incentives with the benefits to Colorado,” Jeff Kraft, director of business funding and incentives at Colorado Office of Economic Development and International Trade, said Thursday at the commission’s monthly meeting. Under the JGITC program, employers make a request listing the number of new jobs they plan to provide in Colorado versus another state. If they create those jobs, they can claim a rebate on a portion of the payroll taxes paid during an eight-year window. The program has brought thousands of high-paying jobs to the state since the last recession and kept Colorado competitive with more deeply endowed states in its recruiting efforts. For some, the state’s efforts are looking a little too successful, creating congested classrooms, crowded roads and housing … [Read more...] about Colorado wants more precision in economic development incentives

Denver has been here before, with a Seattle-based corporate behemoth considering a move that could bring many high-paying jobs to the region. Remember Boeing Corp.? Denver came in third behind Chicago and Dallas to lure the aerospace company’s headquarters despite offering a $15 million incentive package. This time it’s Amazon, which announced last week it is looking for a city for a second headquarters campus. Though the online retailer is looking nationwide, a potential bid from Colorado gained buzz as The New York Times picked Denver as the leader among 52 cities in its own analysis. “It’s like being chosen the Super Bowl winner before the season starts. You kind of put a target on your back,” joked veteran Denver developer Bill Mosher. Still, Mosher, who has worked in commercial real estate for more than 30 years, said he believes Denver has a good shot. “I think Denver and all the growth that’s been taking place here — and the metrics The New York Times utilized — … [Read more...] about Deja vu? In preparing Amazon bid, Colorado officials learn from failed effort to lure Boeing