FROM

Worcester to offer $500 million in incentives to lure Amazon

Buildings are seen along Front Street in downtown Worcester. –Jackie Ricciardi for The Boston Globe/file 2013

The City of Worcester is digging deep to woo an Amazon headquarters, with a proposal to offer up to $500 million in local property tax breaks.

The incentive package would be spread out over 20 years, according to a copy of the 60-page bid, released Tuesday night.

Amazon.com Inc. is on the hunt for a second corporate headquarters that would create up to 50,000 high-paying jobs and come with a $5 billion investment from the Seattle-based tech and retailing giant. Bids are due Thursday, and dozens of North American cities are expected to submit proposals, including Boston and Somerville.

Advertisement

Finish the story on BostonGlobe.com.

Don't have a Globe subscription? Get a 2-week free trial.