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View Poll Results: Where?
New York City 16 3.10%
Greater Boston 32 6.20%
Philly 38 7.36%
DC/N. Virginia 50 9.69%
Raleigh/NC Research Triangle 32 6.20%
Austin 48 9.30%
San Francisco/Bay Area/Silicon Valley 13 2.52%
Baltimore 11 2.13%
Toronto 33 6.40%
Pittsburgh 35 6.78%
Chicago 99 19.19%
Atlanta 109 21.12%
Voters: 516. You may not vote on this poll

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Old 11-01-2017, 08:44 AM
 
Location: ATLANTA
2,128 posts, read 1,426,173 times
Reputation: 1609

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Quote:
Originally Posted by Mutiny77 View Post
Not really. Amazon builds a new distribution center practically every other week these days.

Here are some other Amazon distribution centers that have opened or been announced since the HQ2 announcement:

Amazon adds more than 1K jobs at new Phoenix-area distribution center
Amazon hired 900 workers in about a month to ramp up new Aurora fulfillment center
Amazon: Fulfillment center to open in 2018, hiring for all positions | SILive.com
Amazon bringing 1,000 more jobs to Ohio with new fulfillment center | fox8.com
Amazon planning Memphis distribution center | WREG.com
New Amazon Fulfillment Center In Sacramento Up And Running - capradio.org
Amazon beginning operations this weekend in Livonia
Amazon: Shelby Twp. fulfillment center to create 1,000 new jobs
Amazon confirms plans for Euclid fulfillment center, replacing another dead mall (photos) | cleveland.com
Amazon to open North Portland fulfillment center, hire 1,000 | OregonLive.com

And this isn't even an exhaustive listing; I just didn't feel like going past page 5 of my Google search.

Atlanta is still a top contender for landing HQ2 I think, but the Macon fulfillment center doesn't really hint at anything.
Guess if you look at it that way, it still could lean many directions as much as we speculate.. One thing is for certain, the Tech Giant is growing by leaps and bounds and seems to be cornering a market!!!

 
Old 11-01-2017, 08:51 AM
 
29,874 posts, read 27,324,185 times
Reputation: 18427
Quote:
Originally Posted by oobanks View Post
Guess if you look at it that way, it still could lean many directions as much as we speculate.. One thing is for certain, the Tech Giant is growing by leaps and bounds and seems to be cornering a market!!!
I wasn't even expecting that many fulfillment centers when I started searching...geesh.

And I'm saying that as I prepare to drop a couple dollars on Amazon after work today LOL.
 
Old 11-01-2017, 09:16 AM
 
Location: Miami-Jax
6,312 posts, read 6,960,359 times
Reputation: 3502
Quote:
Originally Posted by Mutiny77 View Post
Not really. Amazon builds a new distribution center practically every other week these days.

Atlanta is still a top contender for landing HQ2 I think, but the Macon fulfillment center doesn't really hint at anything.
Yeah, Amazon's first distribution center in Jax just opened a couple weeks ago, a second site is already under construction, permitting on a third one, and in discussions for a fourth. They expect to hire 4000 for the first two sites. If this was any real indication, Jax would be a frontrunner for HQ2 lol

Also Jax city leaders haven't revealed any info about their HQ2 bid...some on this thread might see that as a possible hint towards a NDA with Amazon lol.

But no, I wouldn't bet a dollar that HQ2 is coming to Jax.

Fwiw, since I'm just sharing random info here, it's interesting to note that the Jacksonville Transit Authority created a bus route specifically for the new Amazon warehouse's potential workers.
 
Old 11-01-2017, 09:30 AM
 
4,477 posts, read 2,659,202 times
Reputation: 4083
Quote:
Originally Posted by Iconographer View Post
I wouldn't be so sure.

The financing for a project of this magnitude (the proposed commercial space is about 40% of Midtown's!) would never go forward unless the developers had a commitment from a very large tenant. There is a relatively short list of companies that would require that kind of space, and Amazon would certainly be one of them. Plus, I've said before that it's highly unlikely that all Amazon is doing at this point is perusing proposals in a conference room. I believe they're already out there, moving aggressively but in a covert manner.
A "commitment" or any involvement from the tenant isn't necessary. Developers typically chase tenants on their own dime, with leases often signed right before groundbreaking. This is true for mega-developments as well as individual buildings, which are sometimes built on spec.
 
Old 11-01-2017, 10:15 AM
 
Location: St Simons Island, GA
23,042 posts, read 34,995,637 times
Reputation: 15172
Quote:
Originally Posted by mhays25 View Post
A "commitment" or any involvement from the tenant isn't necessary. Developers typically chase tenants on their own dime, with leases often signed right before groundbreaking. This is true for mega-developments as well as individual buildings, which are sometimes built on spec.
It depends on the lending environment; but I can't imagine most capital markets going in with less than a 40-45% lease commitment. Maybe an Arab prince or a Chinese billionaire, but not someone who answers to their depositors.
 
Old 11-01-2017, 07:17 PM
 
Location: Washington State desert
5,531 posts, read 3,679,293 times
Reputation: 4110
Just for fun here are my odds as of 11/1/17:

Atlanta 10/1
Dallas/Ft. Worth 6/1
DC/suburbs 4/1
Austin 3/1

Is Vegas offering this bet anywhere?
 
Old 11-01-2017, 07:50 PM
 
4,477 posts, read 2,659,202 times
Reputation: 4083
Quote:
Originally Posted by Iconographer View Post
It depends on the lending environment; but I can't imagine most capital markets going in with less than a 40-45% lease commitment. Maybe an Arab prince or a Chinese billionaire, but not someone who answers to their depositors.
I'm referring to the start of entitlements, not a construction start.

Lots of spec buildings get built, but mostly in certain cities.
 
Old 11-02-2017, 01:47 PM
 
Location: BC Canada
831 posts, read 932,490 times
Reputation: 1119
I still say that all the state/city bribes in the world will be completely secondary.

This is a knowledge based company needing highly skilled and sought after workers. It will need land, good schools, good transit, and a city with a great quality of life. Any city that doesn't offer all these things hasn't got a chance. Amazon can get land anywhere so land is less of an issue but being able to get the workers to move, and just as importantly, stay there is priority #1. That means a city with not only good universities but also excellent K to 12 education, a safe environment, and one with little racial/social/ethnic strife so they will feel good about their kids growing up in such a place.

There is a reason why Amazon has prospered from Seattle and high tech from The Bay Area............people like the idea of moving and staying there. Seattle is about as isolated as you can get in the US and SF isn't much better but the idea of living in such cities despite their CoL is still enough to get the workers it needed. These high tech cities still need more highly skilled workers and if those desirably cities can't entice enough workers then how the hell will crime ridden cities with horrid public schools and public/civic service like Baltimore, Cleveland, Detroit etc be able to lure them? This is Chicago and Philly's Acheilles Heel............if you can't keep the population you already have then how can you get new people to move and stay there?

Ask yourself this question............if you were offered a job at the same pay in a downtown area and you wanted to live near where you work, would you take the job in the safe and liveable city or the one where you are afraid to go out at night and your kids have to go to lousy schools hearing gun shots every night? At the end of the day this is what it will come down to.
 
Old 11-02-2017, 02:14 PM
 
29,874 posts, read 27,324,185 times
Reputation: 18427
Quote:
Originally Posted by mooguy View Post
I still say that all the state/city bribes in the world will be completely secondary.

This is a knowledge based company needing highly skilled and sought after workers. It will need land, good schools, good transit, and a city with a great quality of life. Any city that doesn't offer all these things hasn't got a chance. Amazon can get land anywhere so land is less of an issue but being able to get the workers to move, and just as importantly, stay there is priority #1. That means a city with not only good universities but also excellent K to 12 education, a safe environment, and one with little racial/social/ethnic strife so they will feel good about their kids growing up in such a place.

There is a reason why Amazon has prospered from Seattle and high tech from The Bay Area............people like the idea of moving and staying there. Seattle is about as isolated as you can get in the US and SF isn't much better but the idea of living in such cities despite their CoL is still enough to get the workers it needed. These high tech cities still need more highly skilled workers and if those desirably cities can't entice enough workers then how the hell will crime ridden cities with horrid public schools and public/civic service like Baltimore, Cleveland, Detroit etc be able to lure them? This is Chicago and Philly's Acheilles Heel............if you can't keep the population you already have then how can you get new people to move and stay there?

Ask yourself this question............if you were offered a job at the same pay in a downtown area and you wanted to live near where you work, would you take the job in the safe and liveable city or the one where you are afraid to go out at night and your kids have to go to lousy schools hearing gun shots every night? At the end of the day this is what it will come down to.
I'm not sure why you keep harping on this point when this is simply not true about the downtown areas of Chicago and Philly. You may not know this as a Canadian, but in many U.S. cities, a lot of crime tends to be concentrated in certain neighborhoods or parts of town and not spread equally throughout the city.
 
Old 11-02-2017, 02:15 PM
 
10,552 posts, read 13,107,085 times
Reputation: 6336
Quote:
Originally Posted by mooguy View Post
Ask yourself this question............if you were offered a job at the same pay in a downtown area and you wanted to live near where you work, would you take the job in the safe and liveable city or the one where you are afraid to go out at night and your kids have to go to lousy schools hearing gun shots every night? At the end of the day this is what it will come down to.
I live in Chicago. My kids walk to a school that is far better than the national average. In fact, the students are in the top 10% nationally according to NWEA testing. And that includes the 40% low income kids that go there. We never hear gun shots. Pretty sure any Amazon employee would live in a similar situation.
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