SEATTLE (AP) — Amazon says it has halted construction planning on a high-rise building in Seattle while it awaits the outcome of a city proposal to tax worker hours.
The City Council is considering a proposed “head tax” on high-grossing businesses to raise about $75 million annually for affordable housing and homelessness services. Amazon would pay more than $20 million under the proposal.
Supporters say businesses that have benefited from Seattle’s economic boom should help pay for solutions.
Amazon vice president Drew Herdener said in a statement Wednesday the company has put on hold construction planning for the building pending a council vote on the tax and is evaluating options to sub-lease space in another downtown building.
Together they would accommodate about 7,000 new Amazon jobs.
The Seattle Times first reported the news.