Posted on 10/07/2017 10:04:31 PM PDT by 2ndDivisionVet
Amazon.com Inc.'s decision to establish a second corporate headquarters is going to make some North American city very happy once the online retail behemoth announces its choice next year.
But it will likely be bad news for Seattle, Amazon's longtime home, which has benefited enormously from the company's rapid growth. Analysts predict that much of the company's future expansion will be in its second headquarters.
"It had generally been assumed that [Amazon's] growth would be concentrated in Seattle," said Dave Bragg, an analyst with Green Street Advisors, a real-estate research firm. "That now needs to be adjusted."
Green Street, in a new report titled "Sleepless in Seattle," lowered its 2018-21 growth estimate for the city's office sector by an average of 1.5 percentage points. In the near-term, growth is expected to be "modestly" slower in the apartment, industrial and strip-center sectors, the report says.
When Amazon announced its search for a second headquarters last month, the company said it expects to invest more than $5 billion in the new location and create up to 50,000 high-paying jobs.
Amazon hasn't said how the move will affect its plans for growth in the Seattle area. Before the announcement, the company had said it expected to add another 2 million square feet of office space to the 8.1 million square feet it currently occupies across 33 buildings in the city.
"Uncertainty surrounds Amazon's previously reported leasing and construction plans," Green Street noted in its report.....
(Excerpt) Read more at foxbusiness.com ...
Seattle is bursting at the seams! There’s always Portland...which seems to be mostly a one company town these days (not counting Intel).
That other company might have to pay more competive wages if some competition for talent showed up.
Central AZ would be a good choice.
But I thought they wanted a port.
Any northern Virginia city will have the inside track. High enough regional income and expensive housing for execs, big population in the metro area, an opportunity to turn a purple state blue and the hub of government to suckle.
Two issues with the Virginia idea. One is already congested traffic situation that exists. The other is the limited employment pool to draw upon. I would add that the local cost factor means you will pay more for every single employee. I’m more likely to believe that Nashville, Knoxville or Raleigh has the better chance.
There’s been talk of Amazon choosing a spot in Collin County Texas for their new corporate headquarters.
I personally hope they choose some other state to locate it. We dont need 50,000 more liberals here.
You think the 50,000 new employees will all come from other states than Texas?
What have you got against Arizona?
The new Amazon headquarters will bring 50,000 liberals to wherever it's located.
Be careful what you wish for. Amazon will bring tens of thousands of liberals to wherever this headquarters is located.
Corporate management and internal culture will be alien to Texas. They'll be liberal as the day is long, and will weed out all the local normal Americans in time, growing a gargantuan hive of local and transplanted moonbats to populate the place.
It will turn Collin County from purple to solid blue.
Has that been the experience of all the other corporate headquarters who have relocated to Texas? They have been legion, as I understand it.
Our daughter followed her job to Texas last year after 18 months on the job. She came from California (lived there her whole life there up to that point). She didn't vote for Hillary. It isn't as dire as you think.
Seattle and environ have the same geographic constraints as the SF Peninsula. limited flat area between bodies of water. the growth will have to start spreading out at some point. commutes from 50 miles out are taking almost 2 hours at peak times into the downtown of Bellevue, Redmond or Seattle. They are putting up a campus down in Kent but I understand that will be a fulfillment center. the cool and hip will continue to want to stay here, its urban vibe and international flavor are unique and the weather is far better than TX AZ or almost anywhere else. No bugs snakes tornadoes or hurricanes. Just gawdawfully expensive RE . I am in the market but as a new buyer I am having to look at Skagit or Thurston or Kittitas Counties for a decent affordable place.
I’m in the Surburbia of Redmond and work from home - bought in the early 90’s, and we STILL thought it was expensive from where we had moved from. I don’t know how young families can even think of living near here unless they have a high-paying job. In the choicest neighborhoods more than 50% of the buyers are Chinese.
I helped a guy out at his house and he said he had numerous offers from Chinese people, one from a Korean (no whites or anyone else).
The Korean didn’t have the highest bid, but was trying to appeal to the guy’s patriotism “You don’t want to sell to one of those Communists!” (Capitalism won - he sold to the highest bidder.)
What in the world makes you think they will import all liberals from different states? One would logically think they would hire as many locals as they could then hire the best qualified otherwise without a concern for their politics. It’s not Google or Facebook where software is the product. Amazon moves actual products and a lot of them. They need the best qualified; not just those who register as a dem.
Texas would actually be a good choice for them. I’m sure they will be looking at property and income tax levels.
There’s a lesson to be learned here, if any of the liberal dunderheads of Seattle are capable of seeing it.
South Dakota might be a consideration. I believe they do NOT have personal income taxes. With 50,000 employees, Amazon could literally ‘build a company town”. Good work ethics in the Midwest, also.
Ever hear the phrase, 'Build it, and they will come'?
Amazon won't import libs from surrounding states. They won't have to, because they'll come on their own. So will a great number of qualified Normals from the local community.
That will be all fine and good, at first, until the overweening corporate culture, which is decidedly liberal in that company, slowly begins pushing the Normals out, one by one.
In time, the geographic area around that Amazon headquarters will become a liberal Democrat stronghold. Mark my words.
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