About 70% of all warehouses leased in Maryland for the next year will bear the Amazon arrow as the e-commerce juggernaut moves swiftly to build on its $5 billion investment across the state.
The march is on in Western and Southern Maryland and suburban points in between to add varying sizes of Amazon facilities as consumer demand for online shopping — which spiked to new levels during Covid-19 — is setting retail records.
Such growth has set off an aggressive, dizzying arc across Maryland and sparked a mix of praise, debate and hand-wringing over Amazon’s growth and where it all will lead.
And that doesn’t count the potential for Maryland officials to seek up to $200 million in economic spillover from Amazon’s HQ2, located about 45 miles away from Baltimore in Northern Virginia. There, 25,000 new jobs are expected by 2030 at a high-tech campus that will total $2.5 billion in new investment.
