The Tennessean

Amazon finally revealed the location of their much anticipated second headquarters on Tuesday.

Alas, it won't be Nashville. But the retail Goliath has plans for Music City anyway.

Here's what to know about the announcement.

Where is the new Amazon headquarters located?

HQ2 will be split between New York City, and the Washington, D.C. suburb of Arlington, Virginia.

What is Amazon doing with Nashville?

While no headquarters is coming to Nashville, the company has announced the development of a new Operations Center of Excellence in downtown Nashville.

The new site will be located at Nashville Yards, which is the former LifeWay campus that stretches from Church to Broadway near Interstate 40. There are already plans of a massive complex consisting of hotels, shops, restaurants, apartments, offices and a 1.3 acre park.

It will be a $230 million investment with 1 million square feet of energy-efficient office space, and Davidson County and Nashville should see an estimated incremental tax revenue of more than $1 billion over the next 10 years.

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How many jobs will Amazon bring to Nashville?

The creation of the Operations Center of Excellence will bring 5,000 full-time, high-paying jobs.

How much will Amazon employees make?

Amazon says the average wage of employees in their Nashville location will be $150,000.

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