Some records related to Colorado’s Amazon bid won’t be made public for years

9NEWS (Denver): Amazon announced Tuesday that Colorado will not be home to its highly touted second headquarters, making official the speculation that Colorado was not in the running to land the tech giant and its promise of 50,000 high-paying jobs.

Amazon chose Northern Virginia and New York City, instead.

In a selection process shrouded in secrecy, questions and rumors swirled about the breadth and cost of tax credits and other incentives communities and states were offering to land Amazon HQ2, as the deal became known.

Although Colorado is now out of the running, some details of the state’s proposal will remain secret. The proposal, authored and owned by the Metro Denver Economic Development Corp., contains several pages or sections of redactions. These redactions are subject to a nondisclosure agreement (NDA) that the Metro Denver EDC entered into with Amazon.

Many of the redactions pertain to areas of real estate that would have been made available for sale or lease to Amazon, according to Sam Bailey, Metro Denver EDC vice president. Bailey said the NDA, subject to a three-year term, protects property owners in Colorado because disclosure might have jeopardized the value of their holdings.

Visit 9NEWS for more.

Subscribe to Our Blog