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Amazon Pauses Construction on Second Phase of Virginia Headquarters

Financial Concepts

Definition

Amazon will pause construction of its headquarters in Arlington, Virginia, as the company rethinks space needs and work-from-home policies. The project, known as PenPlace, is part of Amazon's second headquarters, in suburban Washington, chosen after a nationwide search. The property would include three 22-story office buildings, a 700-person meeting center and the Helix, a 350-foot tower. Key Take

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Common mistakes

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