Apple is on the hunt for a second headquarters. And according to a new report, it might have a top choice in mind.
Amazon is also eyeing Northern Virginia as a finalist in its HQ2 search, which would require about twice as much space as Apple.
Apple's plans are part of a pledge the company has made to invest $350 billion in the United States over the next five years, hire 20,000 more Apple employees, and set up a new Apple campus.
Tech giants like Apple and Amazon likely see value in going to the DC area to tap into the tech talent on the East Coast and build campuses closer to the United States government's center of power, in hopes of gaining lucrative government cloud-computing or hardware contracts.
All of the attention from Amazon and Apple speaks to the new realty for tech companies, which is that Washington, DC has its eye on them... and, conversely, these companies need to have a closer eye on Washington. The process has been criticized by some, who've said those cities, by offering tax breaks, financial incentives, and other perks to Amazon, were going too far in trying to woo the retail giant. Apple said that it will announce the location of its second headquarters later this year.
Another area that Apple is looking into is Research Triangle Park in North Carolina.