Mayor Rahm Emanuel and Governor Bruce Rauner announced submission of the Chicago area’s bid for Amazon’s HQ2. The bid concludes a month-long process that brought together an unprecedented group of stakeholders to develop and support a bid that makes clear Chicago is the ideal place for Amazon to invest billions of dollars and create an estimated 50,000 jobs. The bid was submitted electronically earlier, day one of a four-day window during which Amazon is accepting bids. Amazon expects to invest more than $5 billion for construction of HQ2, and when completed it is expected to employ up to 50,000 people. The report also estimates that for each dollar Amazon invests in operations and construction could generate an additional $2.72 for the overall regional economy. To support the bid, last month the Mayor and Governor announced the formation of a committee that is supporting the drive to bring Amazon’s HQ2 to the Chicago area. The committee is co-chaired by Oscar Munoz, CEO of United Airlines.; Penny Pritzker, Founder and Chair of PSP Capital; Jim Reynolds, Chairman and CEO of Loop Capital; and Miles White, Chairman and CEO of Abbott. The Mayor and Governor are serving as Honorary Co-Chairs and Cook County Board President Toni Preckwinkle is serving as Honorary Vice-Chair. In total, the committee is comprised of more than 600 leaders from across the business, financial, technology, arts and culture, civic and education communities. Bids for HQ2 are due by October 19, 2017. The next steps in the competitive process have not been announced by Amazon. To ensure the competitiveness of Chicago’s bid, no additional details will be made available at this time.