Could Atlanta be in the running for second Amazon headquarters? (Dallas: best place, market)

[fieldm]

Originally Posted by CaliDreaming01

Amazon has clamped down on information to maximum possible, so no one except the people directly involved know for sure. However, a project of this size is next to impossible to keep completely under wraps and all the dribs and drabs of info that are seeping out all seem to point to Atlanta.

I know I'm probably more willing to most to go out on the limb and call this race for Atlanta, but I'm motivated by practical concerns as well as wishful thinking. I think people who might want a job with Amazon or who might want to make certain real estate investments should start plotting strategies now to get a leg up on the competition. By the time the official announcement is made, there's going to be a mad rush. It's not 100% but it's a good bet that could pay off big.

I agree. The speedy nature of the gulch redevelopment is what got me thinking something is fishy. Nobody is moving that fast on 9m sq ft of office space in DOWNTOWN Just because

[JoeP]

I'll take back the "shocked" comment. What I meant to say was that if Amazon is looking for a second HQ in this part of the country Atlanta would be a perfect fit.

If it were a specific Southeastern selection, then, yes, it would likely be Atlanta with some % chance for NC.
But national opens up Dallas, Denver and certain Midwestern possibilities and some Northeastern ones.

[atlocal]

Originally Posted by arjay57

That's a drop in the bucket for us, assuming these people are spread out enough.

420,000 cars pass through the 285/400 corridor everyday already according to Ga DOT.

[JMatl]

Originally Posted by JoeP

If it were a specific Southeastern selection, then, yes, it would likely be Atlanta with some % chance for NC.
But national opens up Dallas, Denver and certain Midwestern possibilities and some Northeastern ones.

Yes, and Atlanta routinely competes with all of the above regularly. We tend to be on the short list of almost all significant corporate relo's & expansions anymore.

[Atlwarrior]

Interesting report on Amazon's Seattle impact.


Not only is Washington’s largest city home to internet juggernaut Amazon (Yahoo FInance’s Company of 2017), it also holds the title for the city with the fastest-growing home prices. Since September 2016, Seattle has been leading the S&P CoreLogic Case Shiller Home Price 20-City Composite Index and has maintained that spot each month. There’s no doubt that Amazon has been fueling the city’s real estate market but population and job growth coupled with high demand and low inventory are also lifting prices.


“Seattle is consistently outpacing the rest of the country,” said Lawrence Yun, chief economist at the National Association of Realtors. “High-tech workers are concentrated or were concentrated in the San Francisco, Silicon Valley area where prices got way too high. Seattle provides an alternative for people.”


https://www.yahoo.com/finance/news/h...151702815.html

[jhtrico1850]

https://www.usatoday.com/story/money...mes/936581001/

Even with Amazon there, the median sales price for single-family homes is "only" $547,816, about the same as Brookhaven, fringes of Buckhead.

https://mhanson.com/11-27-hanson-200...-soft-landing/

I read this blog occasionally, and according to the guy, Seattle is not that overpriced (income vs price).

https://mhanson.com/wp-content/uploa...1-1024x668.png

[JoeP]

$500K is a huge median price. People can't afford to live there. Options are challenging for many people here as well, unless you live far out in many cases.

[arjay57]

Another big thing the ATL has going for it is that we are in another part of the country. We're almost diagonal from Seattle. That gives Amazon great "coast to coast" presence and it integrates them into the booming southeast.

[DabOnEm]

Originally Posted by Mutiny77

I won't; although Atlanta is obviously a top contender, I think there are a few other cities that, all things considered, have just as good a chance at landing it.

Agreed. In my opinion, the cities with the best shot are:

Atlanta, Chicago, and DFW

Outside shot are:

Austin, Boston, and Denver

Long shot are:

Houston, DC, Philly

[lchoro]

Probably, the best location would be NY/NJ in light of Amazon's probable entry into banking, investment, financial services, and pharmacy business because of the concentration of the major headquarters for these industries between Philadelphia and NYC metro area and proximity to the federal government. They already have hubs around the country for AWS and logistics which continue to get built out.