Could Atlanta be in the running for second Amazon headquarters? (Alpharetta: neighborhood, minimum wage)

[bu2]

Which metro Atlanta companies received tax breaks in 2016?

Here's a more recent one. Full list is below.
I've got a problem with most of these. They are simply subsidizing things the developer would build anyway, notably the luxury apartments. Its a giveaway to politically connected developers.

Rank Property Jurisdiction Assessed Value Taxes due Taxes abated Percent abated
1 Avalon Alpharetta $338,344,500 $2,566,884 $2,566,884 50%
2 Town Brookhaven Brookhaven $168,022,076 $716,934 $1,782,931 71%
3 Bank of America Plaza Atlanta $226,915,000 $2,630,399 $1,753,599 40%
4 Turner Atlanta $215,421,486 $2,561,770 $1,228,712 32%
5 Alcon Laboratories Johns Creek $198,532,937 $1,476,624 $1,187,132 45%
6 PWC Price Watershouse Cooper Atlanta $242,484,000 $3,513,603 $1,171,201 25%
7 Coca Cola Co. Atlanta $148,784,059 $1,720,515 $894,435 34%
8 Cox Sandy Springs $207,437,103 $2,064,602 $884,193 30%
9 SkyHouse Buckhead Apartments Atlanta $93,350,900 $864,430 $864,430 50%
10 77 12th Apartments Atlanta $116,166,200 $1,207,200 $804,800 40%
11 The Elle of Buckhead Apartments Atlanta $106,133,800 $1,102,943 $735,295 40%
12 Phipps Tower Atlanta $135,494,500 $1,882,017 $627,339 25%
13 Two Alliance Center Atlanta $133,368,000 $1,852,479 $617,493 25%
14 Walmart.com Union City $62,829,730 $563,897 $563,897 50%
15 SkyHouse Midtown apartments/cpndos Atlanta $79,232,100 $823,380 $548,920 40%
16 One12 Courtland Apartments Atlanta $61,517,000 $653,679 $534,828 45%
17 3630 Peachtree offices Atlanta $114,807,200 $1,594,668 $531,556 25%
18 Post Alexander Apartments Atlanta $61,260,900 $530,518 $530,518 50%
19 Cox Automotive at Perimeter Summit Brookhaven $75,247,600 $633,085 $517,979 45%
20 Stonecrest Mall Stonecrest $116,958,066 $1,550,263 $516,739 25%
21 State Farm Dunwoody $80,798,470 $726,258 $500,990 41%
22 Primerica Unincorporated Gwinnett $55,728,300 $312,310 $468,466 60%
23 SkyHouse South apartments Atlanta $60,000,000 $571,560 $467,640 45%
24 Various DeKalb locations Unincorporated DeKalb $27,076,737 $753,808 $442,713 17%
25 SunTrust HQ Atlanta $117,520,000 $1,741,176 $435,294 20%
26 Prelude at Clairmont apartments Brookhaven $65,184,300 $604,179 $388,477 39%
27 3344 Tower Atlanta $135,680,000 $2,135,863 $376,917 15%
28 Terminus office tower Atlanta $127,801,800 $2,011,859 $355,034 15%
29 Atlas at LaVista Hills Apts Unincorporated DeKalb $59,055,000 $704,484 $339,195 32%
30 Fiserv Johns Creek $40,650,487 $240,683 $304,725 55%
31 Epic Lindmont Apartments Atlanta $64,666,200 $840,018 $280,006 25%
32 Americas Mart Building Atlanta $73,269,618 $1,128,168 $276,862 20%
33 Fiserv Alpharetta $34,012,650 $199,312 $275,954 58%
34 Lindbergh-Morosgo Apartments Atlanta $63,265,600 $821,820 $273,940 25%
35 Hilton Garden Inn Atlanta Midtown Atlanta $40,467,775 $508,194 $273,643 35%
36 Midtown offices Atlanta $32,081,300 $371,886 $247,924 40%
37 Apartments Atlanta $54,356,900 $706,098 $235,366 25%
38 Dendreon Pharmaceuticals Union City $46,634,057 $634,142 $215,188 25%
39 One Ninety One Peachtree Tower Atlanta $200,121,400 $3,664,619 $201,701 5%
40 10 Side apartments /mixed-use Atlanta $56,822,400 $787,336 $196,834 20%
41 Perimeter Summit offices Brookhaven $35,297,700 $358,959 $190,177 35%
42 Atlanta Market Place warehouse Union City $40,716,800 $548,151 $182,717 25%
43 Clorox Services Co. Fairburn $36,411,225 $425,577 $182,390 30%
44 Menlo Worldwide Logistics Union City $22,359,300 $220,742 $180,607 45%
45 Invesco Atlanta $49,588,909 $768,085 $175,801 19%
46 Lindbergh Apartments Atlanta $40,339,000 $524,001 $174,667 25%
47 Newell Rubbermaid Sandy Springs $76,039,120 $976,044 $173,038 15%
48 Home Depot USA Cumberland CID $16,484,023 $221,124 $167,186 43%
49 98 14th St. Tower Atlanta $171,139,600 $3,141,099 $165,321 5%
50 FedEx Town Center CID $35,166,915 $474,753 $162,954 26%
51 Renaissance Atlanta Midtown Hotel Atlanta $41,952,000 $648,412 $162,103 20%
52 Quintiles Laboratories County Cumberland Special District 2 $32,890,091 $410,468 $147,345 26%
53 Concourse Office Park--King and Queen Sandy Springs $88,585,800 $1,209,114 $134,346 10%
54 Novelis Global Technology Unincorporated Cobb $57,908 $666 $133,711 100%
55 HP Alpharetta $51,008,374 $634,589 $127,389 17%
56 Del Monte Foods Union City $41,624,700 $635,092 $112,075 15%
57 55 Allen Plaza Atlanta $57,000,000 $991,107 $110,123 10%
58 Comcast Alpharetta $15,094,293 $105,458 $105,458 50%
59 St. Regis Atlanta hotel in Buckhead Atlanta $30,258,000 $419,256 $104,814 20%
60 Rock Tenn Norcross $11,006,000 $68,302 $102,527 60%
61 Homewood Suites Atlanta Airport North ATL Hotel East Point $11,100,237 $218,380 $98,271 45%
62 NCR Unincorporated Cobb $98,171 $98,171 $98,171 100%
63 T5 Data Centers Alpharetta $17,516,300 $146,856 $97,904 40%
64 The Prado Sandy Springs shopping center-Taco Mac, Marlow's, 5 Seasons Brewing Sandy Springs $47,300,000 $545,405 $96,248 15%
65 Owens Corning Roofing & Asphalt South Fulton $19,192,099 $219,693 $93,231 30%
66 SVC Manufacturing Inc South Fulton $22,202,404 $271,277 $90,728 25%
67 Printpack County Cumberland Special District 2 $26,075,778 $371,644 $90,488 20%
68 Comcast Unincorporated Gwinnett $6,355,057 $0 $89,037 100%
69 Equifax Information Services Alpharetta $15,385,822 $135,197 $79,792 37%
70 Electrolux Fairburn $14,000,000 $163,632 $70,128 30%
71 One Georgia Center Atlanta $35,708,800 $620,919 $68,991 10%
72 Clairion Partners Fairburn $11,621,300 $126,130 $67,916 35%
73 Pavilion at Lake Hearn Brookhaven $5,305,000 $11,594 $65,697 85%
74 Acuity Lighting Stonecrest $5,600,000 $34,639 $64,329 65%
75 Marquis One office tower Atlanta $33,060,000 $574,848 $63,872 10%
76 Marquis Two office tower Atlanta $30,030,000 $522,171 $58,019 10%
77 Maschiopack North America Atlanta $6,387,931 $55,319 $55,320 50%
78 E-Trade Alpharetta $31,356,776 $566,978 $48,242 8%
79 Owens Brockway Glass Container Inc East Point $13,770,497 $196,157 $47,212 19%
80 Grand Hyatt in Buckhead Atlanta $15,075,700 $237,320 $41,880 15%
81 Pepsi Bottling Group Tucker $17,500,000 $269,072 $40,206 13%
82 Orthopedics Atlanta Johns Creek $9,900,000 $92,983 $39,850 30%
83 Marten Transportation Ltd Tucker $6,896,329 $82,268 $39,611 33%
84 International Tower Atlanta $19,310,000 $335,763 $37,307 10%
85 Suniva Norcross $14,144,950 $183,085 $36,531 17%
86 American Building Supply Inc Union City $6,723,551 $84,613 $36,075 30%
87 Peachtree Center Garage Atlanta $16,270,000 $282,897 $31,433 10%
88 7800 3rd Flag Jadow/Six Flags Six Flags Special Services District $14,600,000 $188,340 $30,960 14%
89 Campanile Plaza Atlanta $3,952,700 $45,819 $30,546 40%
90 Harris Tower Atlanta $15,800,000 $274,725 $30,525 10%
91 Life Time Athletic Sandy Springs $14,569,500 $168,000 $29,647 15%
92 QTS / Quality Investment/Seyfarth Atlanta $32,163,700 $529,226 $27,854 5%
93 Commercial Tucker $2,921,400 $24,783 $26,847 52%
94 Hampton Inn Atlanta Airport West East Point $8,813,900 $147,384 $26,009 15%
95 Marriott Courtyard Atlanta Airport West East Point $8,796,900 $147,107 $25,960 15%
96 Point on Scott Unincorporated DeKalb $2,271,000 $13,406 $24,896 65%
97 Commercial/eye doctor on Scott Blvd Unincorporated DeKalb $3,530,779 $38,028 $24,372 39%
98 South Tower Atlanta $12,460,300 $216,657 $24,073 10%
99 North Tower Atlanta $12,300,200 $213,867 $23,763 10%
100 Keystone Automotive Group Six Flags Special Services District $27,850,920 $347,883 $17,661 5%
101 Osmotica Marietta $5,488,466 $66,909 $17,519 21%
102 Flats at Perimeter Place Dunwoody $3,001,400 $30,585 $15,756 34%
103 Peachtree Center Atlanta $7,900,000 $137,367 $15,263 10%
104 ADP Alpharetta $19,446,000 $280,288 $14,752 5%
105 Panola Crossings Stonecrest $4,254,200 $61,879 $13,306 18%
106 The Mall at Peachtree Center Atlanta $6,300,600 $109,557 $12,173 10%
107 Alsco uniform rental Doraville $9,946,903 $166,896 $11,466 6%
108 Equifax Information Services Atlanta $2,026,257 $24,406 $10,688 30%
109 ALDI Unincorporated DeKalb $1,500,000 $16,155 $10,355 39%
110 Naturally Fresh College Park $3,800,000 $54,009 $9,531 15%
111 Mansion on Peachtree Atlanta $3,157,774 $46,127 $8,566 16%
112 Comcast Atlanta $1,014,568 $9,307 $8,265 47%
113 192 Peachtree Center Ave. Atlanta $4,150,000 $72,171 $8,019 10%
114 Mathes Family Riverside Six Flags Special Services District $2,476,640 $31,949 $7,987 20%
115 Chick-Fil-A Headquarters College Park $5,118,575 $53,775 $5,975 10%
116 One Peachtree Pointe Atlanta $1,600,000 $26,271 $4,636 15%
117 Macy's Systems Technology Johns Creek $908,154 $8,982 $3,203 26%
118 201 Peachtree St offices Atlanta $1,600,000 $27,828 $3,092 10%
119 Adam's Garden of Eatin Unincorporated DeKalb $410,486 $4,420 $2,834 39%
120 Atlanticus Services Corp. Sandy Springs $745,799 $7,767 $2,351 23%
121 BT OH LLC / Self storage Doraville $1,549,538 $26,000 $1,786 6%
122 Equifax Information Services Sandy Springs $67,586 $517 $399 44%
123 172 Courtland St Atlanta $100,000 $1,746 $194 10%
Total $5,935,000,856 $72,821,809 $30,692,217 30%

Source: AJC analysis of county tax records

[krogerDisco]

Originally Posted by Jandrew5

The pragmatist in me has been thinking this. Amazon may be on top now, but that doesn't mean theyll always be. At one time Sears was on top, Applebees was on top, Blockbuster was on top, AOL was on top. Remember when everyone wanted a Motorola, not an Iphone? That wasn't even too long ago.

Companies have to learn to adapt to change, and do it fast. Sears is what it always was. Kmart was beaten at its own game by Wal-mart and Target. Blockbuster was out played by Netflix. Amazon isn't just sticking to its game plan, they've been going into new areas like Cloud Computing. Not sure if Whole Foods was a good idea, but maybe they have a larger vision.

[JPD]

Originally Posted by Mutiny77

NYC and Boston are really no more naturally beautiful than tons of other places along the Atlantic coastline, the vast majority of those places having much lower housing costs. If you think "natural beauty" is why those places are so expensive with high housing costs, then you need a history lesson LOL.

At any rate, you were very much off by thinking that HQ2 will consist of thousands of $40K jobs and a handful of highly-paid million dollar execs. This isn't a manufacturing plant or distribution center we're talking about here.

You're misconstruing what I said. Show me where I said natural beauty is the ONLY reason for high housing costs. Of course jobs matter. But there's a reason why places like San Francisco and Vancouver are more expensive than Houston or Atlanta, and it isn't the types of jobs you can find there.

[whodean]

Originally Posted by bu2

Which metro Atlanta companies received tax breaks in 2016?



Rank Property Jurisdiction Assessed Value Taxes due Taxes abated Percent abated


2 Town Brookhaven Brookhaven $168,022,076 $716,934 $1,782,931 71%

This one is particularly egregious. Note that it was doled out before Brookhaven incorporation. It is a Dekalb County boondoggle.

[whodean]

Originally Posted by whodean

Who owns that Ivan Allen property?

Anyone know?

[Mutiny77]

Originally Posted by JPD

You're misconstruing what I said. Show me where I said natural beauty is the ONLY reason for high housing costs. Of course jobs matter. But there's a reason why places like San Francisco and Vancouver are more expensive than Houston or Atlanta, and it isn't the types of jobs you can find there.

You said natural beauty drives up housing prices more than salaries and for large cities, that's just not true. I'm not all that familiar with Vancouver, but San Francisco's geography plays a huge role in its expensive housing costs, and the types of jobs that can be found there absolutely plays a primary role--unless you want to argue that hills and water are the reasons why San Francisco's metropolitan GDP is nearly $100B more than Atlanta's, despite having 1 million less people.

This is way off-topic anyway. Again, HQ2 will consist of tons of highly-compensated positions and not just a handful at the top which skew average salaries.

[bu2]

Originally Posted by JPD

You're misconstruing what I said. Show me where I said natural beauty is the ONLY reason for high housing costs. Of course jobs matter. But there's a reason why places like San Francisco and Vancouver are more expensive than Houston or Atlanta, and it isn't the types of jobs you can find there.

Yes, its a combination of geography and restrictive housing policies. If it was natural beauty, those places would be growing faster than Houston and Atlanta, not slower.

[JPD]

Originally Posted by Mutiny77

but San Francisco's geography plays a huge role in its expensive housing costs.

Glad we could come to an agreement.

[Mutiny77]

Originally Posted by JPD

Glad we could come to an agreement.

I said geography though, not natural beauty. Those aren't the same thing although there may be some correlation. San Francisco is hilly and on the tail end of a peninsula; it simply doesn't have the room to build a lot of housing which would help to bring prices down.

[JPD]

Originally Posted by Mutiny77

I said geography though, not natural beauty. Those aren't the same thing although there may be some correlation. San Francisco is hilly and on the tail end of a peninsula; it simply doesn't have the room to build a lot of housing which would help to bring prices down.

You're actually talking about space limitations. But all space limitations are not created equal. Space can be limited by toxic sludge pits, factories, and garbage dumps, and not just oceans, rivers, and mountains. The primary difference where residential real estate value is concerned is the beauty of the thing that is limiting the space, and the opportunity for lifestyle enhancements that those things provide.