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Analysts rank Pittsburgh 5th in potential to land Amazon headquarters

PITTSBURGH — The city of Pittsburgh has until Thursday to send its proposal in to Amazon to try and convince the company to put its new U.S. headquarters in Pittsburgh.

Mayor Bill Peduto had meetings scheduled Monday to work on the bid.

Local leaders are confident they have put together the best proposal.

Officials with Moody's, the well-known investment service, think we have a pretty good shot at landing Amazon's new headquarters as well.

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Moody's ranks Pittsburgh fifth on a list of the top 10 metro markets in the bidding for the second headquarters.

Austin, Texas, tops the list, followed by Atlanta, Philadelphia, and Rochester, New York.

They ranked the cities based on such things as credit ratings, tax policies and economic incentives.

But when you factor in geography, Moody's officials say Pittsburgh shoots to No. 2 on the list.

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"These are the kind of amenities, these are the kind of things that give Pittsburgh an edge over other places in the country," Allegheny County Executive Rich Fitzgerald said during a park dedication Monday.

Also working in the city's favor is all the nearby universities and the number of available sites to build a headquarters.

The city paid a consulting firm nearly $250,000 to help put together this bid.

Amazon will start looking at all the bids this Thursday.