Whether you bemoan its all consuming existence or can't deny its convenience for internet shopping and fast delivery, Amazon shows no signs of slowing down. With its most recent purchase of Whole Foods, the Jeff Bezos-run conglomerate's newest endeavor is its second headquarters in North America.

Currently stationed in Seattle, the electronic commerce and cloud computing company released a press release saying it plans to open "Amazon HQ2," and estimates it will cost $5 billion in construction. It also expects "grow this second headquarter... to include as many as 50,000 high-paying jobs," as well as thousands of jobs within the surround community to build the site and the inevitable investments people will make there as a result of this project.

According to Amazon's press release, the company estimates its investments added an additional $38 billion to Seattle's economy. As you can imagine, this type of statistic has several major cities vying for its business.

Editor's note: a previous version of this article states that Amazon is looking for another site in U.S. However, it is looking locations in all of North America, which includes Mexico and Canada.