Amazon HQ2 Location

JBUCHAN's picture
Rank: Baboon | banana points 112

Alright folks, let's have everyone's best guess (or inside knowledge) of what city the new Amazon HQ2 will be located. I am going with Denver and Colorado Springs.

The culture is really great
Marijuana is legal
Plenty of other large corporations have their HQ there
The cost of living is much less expensive compared to other major cities
Somewhat centrally located in the US

Interested to hear what you speculate.

Comments (143)

Sep 20, 2017

Assuming their preference is an east coast city, my guess would be Atlanta, Boston, or Philadelphia.

Sep 20, 2017

Have to vote for Atlanta. CNN Money, Bloomberg, Brookings, and Biznow all list it at or near the top of their likely prospects. Atlanta recently got a brand new Amazon Logistics hub and just won a major Accenture deal. Plus, rents are low, the population is growing, there are solid schools nearby (Emory and Georgia Tech), the weather is good, it's a major air hub and Delta's HQ, there is functional, albeit not great, public transit, and it's "the Capital of the South."

If not, Boston would be the next obvious choice with Harvard and MIT nearby, but it would be more expensive for both the company and its employees and it would be very, very cold.

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Sep 20, 2017

What about Charlotte or Raleigh? How does that compare to Atlanta?

Sep 20, 2017

Don't think these two cities have large enough airports. Raleigh definitely has the human capital (Duke and Research Triangle Park = qualified candidates) and favorable cost of living + business incentives, but overall I don't see Amazon settling down in North Carolina given the political controversy that's gone on regarding the Bathroom Bill.

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Sep 20, 2017

Where in Atlanta is there room for 5 - 7 MM sq. ft. of new office development? I'm legitimately asking, I don't have a ton of experience in the Atlanta office market, and I can't imagine Amazon would want to set up their HQ2 in the suburbs.

I don't think Boston gets the nod. The only site that works with the amount of space they need is the old Boston Globe site and the adjacent parcels. Ownership there is a tangled mess. Not to mention CoL is very high and that was something Amazon was trying to get away from.

It's tough to find a major metro that checks all the items on Amazon's wishlist and has a site that will meet their space requirements.

I think http://www.lincolnyards.com/ is the best option they have. I'll admit to some home team bias.

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Sep 20, 2017
picklemonkey:

Where in Atlanta is there room for 5 - 7 MM sq. ft. of new office development? I'm legitimately asking, I don't have a ton of experience in the Atlanta office market, and I can't imagine Amazon would want to set up their HQ2 in the suburbs.

Here's an article that addresses that question

In my opinion though, west of Midtown or by the airport are the spots. Two relatively blighted areas, just on the cusp of revitalization. West of midtown is further along and would be cooler - by the airport would probably be cheaper.

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Sep 21, 2017

Atlanta makes logical sense, but part of me wants Amazon to throw us all off and choose Detroit.

Sep 23, 2017

I actually think Detroit has more potential for this than people think. There's been a quiet growth of tech talent there, and obviously the employment cost/cost of living there speaks for itself.

Sep 20, 2017

As a follow up to myself, my boss took the opposite approach. He says that Atlanta shouldn't roll out the red carpet for Amazon and give them billions in tax breaks or whatnot because the city doesn't need it. While the recognition and 50,000 jobs would certainly be a benefit anywhere, Atlanta isn't exactly hurting for business or population growth.

With that mindset, Chicago might become more likely. Chicago is hurting for population grown in particular and could justify the random fee more easily.

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Sep 22, 2017
CRE:

With that mindset, Chicago might become more likely. Chicago is hurting for population grown in particular and could justify the random fee more easily.

Chicago could definitely benefit from Amazon, but it literally does not have the money--Illinois and Chicago are teetering on bankruptcy.

With that said, I think it's foolish for these states and cities to roll out the red carpet for Amazon or any company. As I've mentioned before, if you have billions of dollars to give away, a broad-based tax cut would be more beneficial than giving money to one company to "create jobs."

Best Response
Sep 20, 2017

From Chicago.... There has been a huge push here to bring in out of state companies and highly paid workers. The massive redevelopment of the West Loop/Fulton Market has been a direct result of this initiative. Amazon fits perfectly into this plan. I would imagine city and state politicians are literally drooling at the idea of an additional 50,000 jobs over the next few years. That would go a long way towards improving (not fixing) our financial situation.

I also think Chicago is well positioned because a local developer already has a site assembled and zoned for exactly what Amazon needs. They can build 15 MM sq. ft. and Amazon will likely only need 7 MM - 8 MM sq. ft. of that. The site is located walking distance from the CTA L train, Metra train lines from the northern suburbs, and major bus routes. Northwestern University, University of Chicago, University of Illinois, University of Wisconsin, Depaul, and Notre Dame provide a deep talent pool. The city and state will be willing to provide some incentives to secure Amazon as well.

At the end of the day we are still talking about Chicago and Illinois politicians so I'm sure they will drop the ball on this.

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Oct 20, 2017

I definitely agree and think it's worth considering a humanitarian view; this is a stimulus package that affects our national economy on a magnitutude much like a federal gov't program would. We should consider "giving it" to a place that needs it most (Detroit)

I just read on a national (I think?) newsletter that NJ has offered ~$7 billion in tax credits for HQ2. I haven't researched specifics from other states (please correct me if I'm wrong) but I'm assuming since the article solely mentioned NJ's tax credits that ours must be some of the most substantial. As @CRE has noted, it'll be a welcomed stimulus to any economy but I don't think we should be bending over backwards when quite honestly our economy is fine without it.

Sep 20, 2017

Atlanta or Texas. Cheap/readily available labor pool with lower operating costs than Cali or NY.

Sep 21, 2017

Thoughts on Austin?

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Sep 23, 2017

No public transit at all; I think that's going to be a deal breaker

Sep 23, 2017
Fidel_Cashflow:

Thoughts on Austin?

I think public transit and a relatively small airport will hurt Austin.

Sep 21, 2017

I will lay money on Charlotte at 10:1

Sep 20, 2017

I'd take that bet in a cocaine heartbeat

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Sep 21, 2017

Same; they'd go to Raleigh way before they ever went to Charlotte.

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Sep 21, 2017

I'm going to sound crazy..but I think Pittsburgh has a chance

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Sep 21, 2017

Not crazy--I'm biased because I went to school there but I think it's a great choice.

Sep 21, 2017

Oh nice. Which school did you go to? Carnegie Mellon would be a good source for them to draw from

Sep 20, 2017

Do you think Pittsburgh has the infrastructure and talent pool to support that?

Sep 21, 2017

Yes and no. I think they have the talent pool. However, I think their infrastructure would not be able to support 50,000 employees right now. It would require an overhaul. But, I think that is true with any city, really. We're talking 10-15 years until this is online, so the city that gets the bid will immediately begin planning for the influx.

They're certainly going for it. Putting $500k into the bid.

Sep 21, 2017

NYC got it

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Sep 22, 2017

No way
H2 will be in Austin or Atlanta

Sep 22, 2017

Im not willing to 100% agree with that, but I do think its 99% sure to be Atlanta or Texas. Not sure which Texas city I think will win though (Austin, Houston, Dallas)

Sep 22, 2017

Don't sleep on Nashvegas!

Sep 22, 2017

theyre trying to push sales tax increases to pay for light rail in Nashville.

Sep 22, 2017

I said this in the other, lengthier thread on this topic, but I don't see cost of living as a major factor for Amazon (with maybe NYC's incredibly high COL being the exception). When you start adding up the costs of real estate and labor for higher cost of living areas it's really just a rounding error in Amazon's pursuit of $1 trillion market cap. One brilliant engineer or a small handful of brilliant innovators could be the difference in tens of billions of dollars in company value, so my guess is that Amazon will disproportionately value the subjective, qualitative "attractiveness" of a city/metropolitan area (in other words, they will disproportionately value their ability to recruit the best and brightest to the Amazon HQ2 location).

With my assumptions in place, I'd have to think that the Boston MSA is a heavy favorite, with the Denver and D.C. MSAs in the top targets as well. I think the Austin MSA is just too small to absorb the sheer mass of humanity that Amazon is seeking. Chicago is an obvious favorite until you start looking at Chicago in detail--declining population, weak economy relative to competing cities, atrocious public finances, high violent crime rate, terrible weather.

So, my ranking of likely finalists:

1) Boston
2) Denver
3) D.C.
4) Dallas
5) Atlanta

From here, it will come down to who is willing to offer the most corporate welfare. I've got to be honest, I'm not sure having 50,000 Amazon employees flood your city is necessarily a good thing. I'm a Washingtonian and I'm kind of not thrilled at the idea of the huge amount of disruption in transit and real estate that 50,000 new people earning a median salary of $100,000 will bring.

Sep 23, 2017

I'd say Dallas is very likely. Amazon already has major distribution centers in DFW. Plus the big three Texas cities are booming, so it makes sense to go to where the growth is. Major airports also with direct flights pretty much anywhere, and friendly tax environment.

Sep 25, 2017

I think, functionally, Dallas would be the best option. The only drawback is that it is lacking in the "cool" factor. It's not a tech hub or a place you think about when you imagine trendy places to live, but most areas have decent schools and affordable cost of living with a ton of growth expected in the near future. It's a major city with a lot of amenities and cultural places of interest. The problem is that they are just more spread out than in the coastal cities. Access to museums, sports teams, and major educational institutions is really good. Dallas has SMU, UT-Dallas, UT-Arlington, TCU, and a few other local schools right in the metro area. Texas, Texas A&M, and Baylor are all within a 3-4 hour drive. Public transit is terrible, however, there are so many freeways and more lanes being built every day that you can almost always find a way around the traffic.

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Sep 22, 2017

Fingers crossed for Irvine, CA

https://www.ocbj[dot]com/news/2017/sep/11/irvine-co-making-serious-push-amazon-hq2/

Sep 22, 2017

L...O...L...

Sep 22, 2017

Not sure why Philadelphia isn't getting more love here - 5th largest population in the US (and plenty of talent, UPenn, Villanova, Haverford, Temple, etc.), plus lots of space in the south part of the city to develop a campus, and located halfway between DC and NYC at a fraction of the cost.

Philly has also recently started to capture some of the NYC / Brooklyn spillover. People used to move from the East Village to Bushwick when it got too gentrified, but now those people are moving to Fishtown in north Philly. I think it's a legit option.

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Sep 23, 2017

anybody who understands the RFP and Philly market will tell you Philly is a great fit and legit contender, though the dancing dog guy who dominates these threads had a bad summer there 10 years ago

Sep 23, 2017

Agree here - my top 5 in no particular order: Philly, Detroit, Denver, Atlanta, Pittsburgh. Don't think any of the west coast cities has a chance. They don't need to double down on the West Coast.

Sep 22, 2017

From what I had read so far.. The top 4 cities they are looking at and in discussion with
1. Toronto
2. Seattle
3. Boston
4. Philly

What ever city offers them the best deal package will win. From my understanding its tax cuts and things like that. They looked into transportation, labor force, and a few other things that was listed above and came up with the city list above.

Not looking into the numbers.. They already have HQ1 in seattle. I think they want to spread their range and go to east coast so i think boston or philly go it.

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Sep 22, 2017

I don't believe any Canadian city has a real chance of winning. What a political disaster that would be for Amazon, which is already under political pressure for potential anti-trust practices and costing countless retail jobs. Imagine the raging inferno that would envelop Amazon if it were to announce that Canada, rather than the U.S., would see 50,000 new jobs at the expense of [name the hyperbolic 7 figure number quoted] American retail jobs.

Sep 22, 2017

Seattle?

Sep 23, 2017

I just ask not to go to New York. 50,000 males with a CS degree but with a lack of taste and any interest in culture will ruin the last ungentrified parts of the city.

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Sep 28, 2017
ulm:

I just ask not to go to New York. 50,000 males with a CS degree but with a lack of taste and any interest in culture will ruin the last ungentrified parts of the city.

lmao true.

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Sep 23, 2017

Boston.

MIT, Harvard, BU, BC, Northeastern... Arguably the intellectual capital of the the East Coast with a vibrant city growing like crazy and a strong labor force with a lower cost of living and less politics than NYC. Not to mention it is a port city within a day's drive to NYC, Philly and DC. Logan is a good airport as well.

The only issue is it is in a corner of the country (like Seattle) so from a logistics perspective somewhere like Charlotte might make more sense - but I don't think that will outweigh the benefits of Boston.

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Sep 23, 2017

Lots of talents from GT in Atlanta. AMZN recruits down there very well. I put money on ATL if the state rolls out the carpet.

Sep 23, 2017
JBUCHAN:

Alright folks, let's have everyone's best guess (or inside knowledge) of what city the new Amazon HQ2 will be located. I am going with Denver and Colorado Springs.

The culture is really great
Marijuana is legal
Plenty of other large corporations have their HQ there
The cost of living is much less expensive compared to other major cities
Somewhat centrally located in the US

Interested to hear what you speculate.

Colorado is submitting a unified bid at the state level. CO Springs is not part of it, but Denver/Boulder/Aurora are. I think one of the critical aspects to Denver's possible success is that there is a big political push to win this, and we're consistently ranked as the top destination for millennial college grads. The biggest challenge here is that unemployment in CO is at 2.4% so will most of the hires have to be brought in from elsewhere?

In addition to Denver, my top 5 would be Atlanta, Boston, Detroit and Pittsburgh.

Sep 23, 2017

If you realize the core of Amazon's business (one which ships pre-made items to your house), you'd understand there's nothing innovative about it. Yes, they have ancillary businesses (servers, cloud, etc etc), but it's a retail store at core. Never understood the hype.

There are far more innovative companies in medicine, space exploration, etc.

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Sep 23, 2017

Not really relevant though is it

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Oct 25, 2017

Amazon's core business is AWS. They are using that to subsidize everything else they are doing.

Sep 24, 2017

Detroit

Sep 24, 2017

I'd probably guess Boston. Yes cost of living is quite high, but it's a major East Coast city with quite a few draws. There's an excellent talent pool from the numerous Boston based universities and the city is the growing FinTech capital.

Sep 24, 2017

I wish they would put it in fair park in Dallas. Would help revitalize that area. Probably too far for from the airport though.

Sep 26, 2017

not too far from LUV though... time to start buying some land in fair park

Sep 25, 2017
  • Denver would likely win if it were located in the midwest or east coast, but I don't see them doubling down on the western U.S.
  • Remaining options, in order of likeliness: Atlanta, Detroit, Pitt, Philly, Boston
Sep 28, 2017

my inside source is telling me DC area

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Oct 16, 2017

My 2 cents - Amazon will be broken up at some point. Similar to the Rockefellers with Standard Oil, Bezos wants to control the process. There are two core business lines in my mind, online retail and web services, that will likely be separated. The web services division just took down a big chunk of space in northern Virgina for their east coast HQ. Northern Virginia is the data center capital of the world, if that is going to be the focus of the 2nd HQ, DC/NoVA is an easy and very likely choice. Additionally, if Bezos wants to have influence in DC it wouldn't be the worst thing to have a massive footprint in that market.

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Sep 28, 2017

I really hope not the DC area. The traffic has become exponentially worse since I moved up here a few years back. It is also one of the more expensive cost of living areas in the nation and doesn't have the best work life balance. WMATA is the worst mass transit I have ever seen too, constantly under construction and breaking. The only benefit of DC is it's access to universities and the MSA has the necessary population.

Sep 22, 2017
Praesto:

I really hope not the DC area. The traffic has become exponentially worse since I moved up here a few years back. It is also one of the more expensive cost of living areas in the nation and doesn't have the best work life balance. WMATA is the worst mass transit I have ever seen too, constantly under construction and breaking. The only benefit of DC is it's access to universities and the MSA has the necessary population.

It looks like the focus of Virginia's bid will be Herndon/Dulles (the District of Columbia and Maryland have less than 0.00% chance, for various reasons and Tysons Corner won't work for various reasons) due to the new Metro stations and available physical space. I'm sort of ambivalent about it--it would be cool for my hometown to win this bid, but it actually wouldn't really help me in any particular way (it would probably hurt me, on net). I guess I can see why the politicians want to win this deal, but let's look at this from our personal standpoint:

1) 50,000 employees earning an average of $100,000 = higher housing costs/less housing availability;

2) Worse traffic.

The average citizen should not desire Amazon HQ2, or at the very least will not directly or indirectly benefit from HQ2. To that point, I will be f*cking pissed if Virginia gives Amazon a bunch of tax incentives to come here.

Oct 14, 2017

Aren't Boston and DC two of the hotter housing markets in the US? I'd think they would try to get away from the Seattle/Silicon Valley-level real estate costs.

Sep 20, 2017
202dc:

Aren't Boston and DC two of the hotter housing markets in the US? I'd think they would try to get away from the Seattle/Silicon Valley-level real estate costs.

Depends on what you mean by "hot"

They are some of the most expensive markets in the US, but not the most active or fastest growing.

That said, they're expensive for a reason

Oct 14, 2017

It's all hearsay, but the most authoritative rumor I have heard is that they want NYC or Boston, and are holding this beauty pageant to essentially start a bidding war. Cities like Atlanta are likely to provide massive subsidies in their bids, and NY/Boston will most likely match and then win.

Oct 20, 2017

I may be biased, but I'm going to go with Baltimore - a combination of the Port Covington development, tax incentives, location (the Acela corridor), nearby fulfillment sites, proximity to airports, a working shipping port, liberal brownie points for urban revival, and Johns Hopkins and other universities

https://www.washingtonpost.com/opinions/how-to-mak...

Sep 20, 2017
falconpunch19:

I may be biased, but I'm going to go with Baltimore - a combination of the Port Covington development, tax incentives, location (the Acela corridor), nearby fulfillment sites, proximity to airports, a working shipping port, liberal brownie points for urban revival, and Johns Hopkins and other universities

https://www.washingtonpost.com/opinions/how-to-mak...

I'd be very surprised if they picked Baltimore. Virginia (DC) seems like a far superior place to do business if that area is their target, no?

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Sep 22, 2017

Except Baltimore is a shit city outside of a few nice neighborhoods. Recruiting top talent to Baltimore would be very tough compared to literally 100 other cities on the list.

Oct 16, 2017

Don't want to come across as condescending and you aren't the only person to mention fulfillment centers as a reason for picking a locale but what do fulfillment sites have to do with HQ2. Amazon literally has fulfillment sites in all the metro areas that fit their criteria. To me whether or not an Amazon warehouse(s) is located in said market could not be more irrelevant to the decision.

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Oct 20, 2017

Stonecrest, Georgia has got the HQ locked up. Renaming their city to Amazon, Georgia. If I'm Bezos that's a no brainer.

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Oct 21, 2017

Despite a couple setbacks towards the top, this has undoubtedly been one of the most interesting threads I've read on WSO in recent memory. Who knew people could come together and have a thoughtful discussion on the internet in 2017? Maybe we're not doomed after all...

Hard to look passed the benefit of a NYC / Boston HQ2 to be Amazon's east coast compliment. Those markets speak for them selves and have the cachet factor. That being said, Denver is logical. Connectivity, plenty of housing coming online in the DT core, strong economy, air traffic and a phenomenal business environment. But whatever, we're all partial to the markets we cover when it comes to this discussion...

Wish I knew someone with some inside info so we could buy everything in the winners city prior to announcement... (hint hint, wink wink [PM me I'll make it worth your while]).

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Oct 24, 2017

Sorry to rain on you Northeasterners' parade, but HQ2 is certainly coming to Dallas or Atlanta. Amazon is not going to put their HQ in the opposite corner of the United States, it is going to be put somewhere centrally located with other major corps. Alongside what @CRE said about ATL, Dallas hosts American Airlines and Southwest HQ in two of the best airports in the country. Also, Hillwood Development already has a transactional relationship with Amazon, the last 8 real estate transactions to be exact. Also, Amazon is looking for a downtown urban corridor like their Seattle HQ --- Hillwood presented a 40 acre plan in downtown Dallas. I believe Denver would have a chance due to the culture, but they don't have the education/schools necessary to fulfill positions. Also, nobody wants pot smoking hippies in their global F12 company. Lastly, I don't know why people from Boston think their nearby Ivy League schools fit the demographics of Amazon. SEC and Big 12 schools around Dallas certainly do though.

Read it and weep, yankees...

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Oct 26, 2017

I say zero chance it goes to any city in Texas. People seem to forget how loony Texas republicans are. It doesnt matter that Dallas is democratic as Bezzos is not about to choose an anti abortion, pro gun, anti immigrant, anti transgender mecca as a an HQ. Zero chance.

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Oct 26, 2017

That makes a ton of sense, never thought of it that way.

If misery loves company, what does success love?

Oct 24, 2017

Albany, New York E.g. Upstate New York

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Oct 25, 2017

If I were Amazon - (1) Boston/NYC/DC in some order

What I think Amazon does - (1) Atlanta; (2) Denver; (3) Dallas

Oct 25, 2017

I think that this is fairly accurate. In terms of NYC/Boston/DC, I would think that NYC overall size and high cost of living there might be a bit of a deterrent that would make cities like Boston and DC that also meet Amazon's population, educational and transit requirements more viable options. I also think that one consideration that is being heavily overlooked in this discussion (both on here and in the news) is the added benefit in terms of lobbying that settling in DC would add, as the company continues to expand the realm of services that it provides. Some of the discussed sites in Boston are crazy (i.e the proposal to convert the largest train station in the city to office space purely for the purpose of HQ2). It also seems that the city is landlocked to an extent, which may not be as much the case with other cities. Boston doesn't have rent controls either, which makes me wonder what a population increase of this size/demographic would do to a market that is already approaching being overvalued. Does DC have space for a project of this size?

Do the universities near Atlanta and Dallas provide a talent pool adequate enough for what Amazon is looking for?

Sep 22, 2017

D.C. has it in its Virginia suburbs at the end of the Metro line. D.C. proper does not have the space.

I agree with you in terms of lobbying, which makes me just laugh out loud at the prospect of HQ2 going to Canada. Imagine the outcry from Americans if a job- and business-destroying mega-corporation (I don't necessarily believe that--just what people will say) took its jobs and investment out of country when it had literally hundreds of bids from the United States. Talk about destroying all of the goodwill Amazon currently has with Washington politicians.

As a Washingtonian, the more I read about HQ2 the less I want it, and I struggle to see why any local jurisdiction would want it other than an economically depressed area, such as Detroit.

Look at the disaster for current residents who rent that HQ2 will be (with questionable upside):

https://www.curbed.com/2017/10/19/16502988/amazon-...
It will actually result in a "tax" on every resident of at least several hundred dollars per year over the baseline non-HQ2. So if I'm a local (and I am), I'm left asking myself what the benefit is to my fellow citizens and me having 50,000 people make the real estate market even less affordable.

Oct 26, 2017

Has anyone considered that Amazon placed the RFP only to create leverage with the city of Seattle?

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Nov 5, 2018

LIC it is

Nov 5, 2018

As someone who grew up right next to Queensbridge, this shit is unreal. It's amazing how everyone avoided LIC pre-Giuliani to now this happening. Fucking nuts.

Nov 5, 2018

LIC and crystal city, nytimes basically said it's done deal

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Sep 21, 2017

Should be good for my JBG shares...

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Nov 6, 2018

Cuomo sounds like someone trying to win free tickets on a radio contest.

"I'll change my name to Amazon Cuomo if that's what it takes," Governor Cuomo said. "Because it would be a great economic boost."

Amazon Plans to Split HQ2 in Two Locations

Nov 6, 2018

This furthers the narrative of dividing up the company so that when DC comes to Bezos to break up Amazon he can do it in a pretty simple way.

Nov 6, 2018

When Amazon first announced, I wrote down a list of my top 5 cities. My list was Washington D.C., Atlanta, Dallas, New York and Boston. Luckily, I had the foresight to bet against some co-workers at the time - looks like the bet will pay off. Fingers crossed.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

Sep 22, 2017

Wow, I don't think anyone saw this coming--two locations. I sure as heck didn't.

Not thrilled about it coming down the street from me, but with only half of it coming to Crystal City it shouldn't impact D.C. area real estate prices more than 0.25% above regular annual price increases, according to the Curb article I posted last year. Over 10 years, you're talking only 2-2.5% difference in prices with and without Amazon.

Long Island should also be able to absorb the people without too much issue.

Sep 23, 2017

Split HQ rumors have been circulating among my contacts in the DC real estate market for months......

Sep 22, 2017

Ok. Since I don't work in commercial real estate in the D.C. area (national multifamily) I wasn't privy to that insider information. No need to be an ass about it.

Nov 6, 2018

Long Island city is not Long Island at all, its a revitalized industrial part of Queens

Nov 7, 2018

Being born and raised as an east coaster I really wish we could have been more creative in naming our cities, I mean Long Island City? If it does go here can they rename this thing?

Nov 6, 2018
real_Skankhunt42:

Long Island should also be able to absorb the people without too much issue.

Long Island City is a small waterfront area right across from Midtown. It's not going to do well with the influx of G train riders who are screwed by the L shutdown (I live in Greenpoint and already seeing this on weekends), and HQ2 will decimate the neighborhood.

Nov 5, 2018
Edifice:
real_Skankhunt42:

Long Island should also be able to absorb the people without too much issue.

Long Island City is a small waterfront area right across from Midtown. It's not going to do well with the influx of G train riders who are screwed by the L shutdown (I live in Greenpoint and already seeing this on weekends), and HQ2 will decimate the neighborhood.

czesc bracie!

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Nov 6, 2018

Facing opposition, Amazon reconsiders NY headquarters site, two officials say

:

Amazon.com is reconsidering its plan to bring 25,000 jobs to a new campus in New York City following a wave of opposition from local politicians, according to two people familiar with the company's thinking.

The company has not leased or purchased office space for the project, making it easy to withdraw its commitment. Unlike in Virginia -- where elected leaders quickly passed an incentive package for a separate headquarters facility -- final approval from New York state is not expected until 2020.
...

Key officials, including freshman U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.), whose district borders the proposed Amazon site, have rallied against the project. And opponents went door-to-door to warn people in Queens of looming rent hikes and displacement, much as Seattle experienced during the company's explosive growth there.

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Feb 8, 2019
Edifice:

Facing opposition, Amazon reconsiders NY headquarters site, two officials say

:

Amazon.com is reconsidering its plan to bring 25,000 jobs to a new campus in New York City following a wave of opposition from local politicians, according to two people familiar with the company's thinking.

The company has not leased or purchased office space for the project, making it easy to withdraw its commitment. Unlike in Virginia -- where elected leaders quickly passed an incentive package for a separate headquarters facility -- final approval from New York state is not expected until 2020.
...

Key officials, including freshman U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.), whose district borders the proposed Amazon site, have rallied against the project. And opponents went door-to-door to warn people in Queens of looming rent hikes and displacement, much as Seattle experienced during the company's explosive growth there.

Could not be happier. Gov Cuomo gave away way too much to Amazon to entice them into coming to NYC, and now we see another move meant to further empty the public coffers for no real benefit.

Besides, as a developer, it bothers me that all these hyper-aggressive LIC developers got their deus ex machina to save them from the double whammy of building a massive glut of massively overpriced housing in that neighborhood over the last half decade. Let the idiots lose their money, don't bail them out with 2.3b of taxpayer-funded corporate subsidy

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Feb 8, 2019

Please let them come to Dallas. We just need another reason for Houston and Austin to hate on us. We truly don't give a F*** if they do.

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Funniest
Feb 9, 2019

We honestly don't even think of Houston or Austin.

My thoughts regarding Houston are oil and Hurricane Harvey, and my thoughts regarding Austin are somewhere lost between 6th Street and Rainey Street.

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Nov 6, 2018

I tend to agree, and yes the quality of housing built in LIC recently is atrocious.

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Sep 22, 2017

I think a city (and its supporting state structure) should welcome Amazon HQ2 with open arms, but I don't think they should offer them any financial incentives. As I've said before, if you've got $x billion dollars to give away to Amazon then you would best serve your city/state/region by reducing regulatory barriers and implementing across-the-board tax cuts. That will create more and distributed economic benefit.

Feb 8, 2019
real_Skankhunt42:

I think a city (and its supporting state structure) should welcome Amazon HQ2 with open arms, but I don't think they should offer them any financial incentives. As I've said before, if you've got $x billion dollars to give away to Amazon then you would best serve your city/state/region by reducing regulatory barriers and implementing across-the-board tax cuts. That will create more and distributed economic benefit.

Just saw this as I responded to the latest; in NYCs case I agree, but its not hard to see a city like Cleveland offering a huge incentive package to lure a company that will essentially turn it from a down-on-its-heels, third rate city into one right below Chi/NYC/LA in terms of economic vibrancy. Ohio already ranks pretty well as a "good for business" state and what a lot of these dying rust belt cities need is a kick in the pants in the form of a massive injection of new industry. And Cleveland has the public infrastructure in place to support such a move.

Nov 7, 2018

Large businesses asking for government tax benefits for being..... large businesses? I don't know which city they should choose but the tax incentive city befits argument seems super shady.

"The only thing I know is that I know nothing, and i am no quite sure that i know that." Socrates

Nov 7, 2018

So they want to go to Austin.

Nov 7, 2018

1) Dunno.

2) Here's the list I'd consider if I were Bezos, and likely in this order based on the criteria noted in the article:
Boston
Atlanta
Raleigh
Austin

New York and Washington are the notable exceptions to my list (and perhaps Philly, too). I feel New York is too large/too expensive to house everything Amazon would want. Washington is a bit of a wild card; lots of tech jobs, but they're all Gov't tech.

also assuming the West Coast is out to facilitate geographic diversity. But we know what assumptions can do...

Nov 7, 2018

I hear you on Austin/Raleigh. Low cost of living, low cost of land, high university output, geographically separate from existing West Coast HQ.

Nov 7, 2018
  1. Newark, NJ
    Proximity to NY, I-95 corridor, NY Airport, Most densely populated region of the country. Dirt cheap property and good public transport.
Nov 7, 2018

Probably won't choose Washington as they're opening their AWS East Coast HQ here

Sep 22, 2017

Yeah, that's in Herndon (I actually tried buying that building last month but seller wanted an obscene sum that could never be financed by a normal lender). It may preclude a 2nd HQ location.

I'm in Arlington and our local BIDs are looking at it. We meet all the criteria (within 45 minutes of international airport, more than 1 million people, etc.), but Arlington is also public transportation accessible and is a stone's throw from Washington, D.C. (i.e. nice for lobbying). Plus, we are overflowing with universities (Maryland, UVa, George Mason, Virginia Tech, Georgetown, etc.), and we have a ridiculous amount of tech-trained people and a healthy start-up scene.

I think if not for that Herndon location we'd be atop the list. Los Angeles is actively pursuing but I think that's a laughably bad location for Amazon HQ2. It only nominally meets Amazon's criteria.

Nov 7, 2018

I figure it will be in a city that is the polar opposite of Seattle, warm weather, cheap COL and enough real estate for housing/ headquarters.

I'd put my money on:

Austin
Atlanta
Raleigh
LA
Phoenix

in that order.

Nov 7, 2018

LA sticks out as a sore thumb in that list

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Sep 28, 2017

What about Denver?

Nov 7, 2018

What about Detroit?

Nov 7, 2018

Bezos needs to cut the bullshit and come to Texas, it's the greatest state in the universe.

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Nov 7, 2018

I'd put my money on:

Austin: obvious reasons, however, staff and land are getting very expensive in the ATX metro
Nashville: lots of growth in the area, availability of local talent, very affordable on many fronts - is becoming what Austin was 8-10 years ago
St. Louis: tons of start-ups and tech-enabled companies popping up here - quite a few in the logistics space, some local talent and relatively close proximity to Chicago, very afforable talent and land, some are calling this a new midwestern tech hotspot