Any Guesses on the New Amazon HQ?

And Amazon already has a presence in Cambridge and North Reading, Ma.

Just heard on the local news that Boston’s bid is Suffolk Downs…three minutes from Logan. There are more than a dozen bids from cities and towns in Massachusetts. A few towns in the Merrimack Valley have joined forces to do a combined bid for that area. Also, Worcester, Billerica, Chelsea, Everett, Somerville (Assembly Row) have made bids.

For Denver, the bid included 8 different sites in surrounding cities and all agree they will benefit even if the actual headquarters location is in a neighboring city.

The news said they don’t know much about the bid and the decision will not be made for months.

Shaking my head.
You know plenty of young and hip are already commuting into Boston from downtown Providence, for lower (but still high) housing, enough to do, walk to the train (Amtrak and commuter.) Revere?

Otoh, many do come in from NH.

Oh, here’s the Globe link. https://www.google.com/amp/s/www.bostonglobe.com/business/2017/09/15/suffolk/oj0ioR98quTBSOOgnxHFHI/amp.html

I have seen some articles about our area of NJ trying to entice them to come here. I wish they would because jobs are desperately needed

The more I think about it, the more I think Mayor Walsh couldn’t have come up with a worse location than Suffolk Downs. I read somewhere that Amazon likes to be woven into the fabric of the city. Suffolk Downs is near nothing. It’s on the blue line which is the least well known or well used lines on the T. I’ve lived here my whole life and have been to that area merely a handful of times. My millenial kids all live in the Boston area (Brookline, Cambridge, Somerville) and work in the tech industry. I can’t picture them ever wanting to work in the proposed area. Suffolks Downs is a terrible idea. Couldn’t they have come up with something a bit more creative? I wonder if Providence submitted a bid. You might be on to something with that idea. If for no other reason than Al Forno…

@lje62

Princeton President, Christopher Eisgruber, just recently sent the following letter to two Princeton alumni who hold leadership positions at Amazon (Jeff Bezos and Jeffrey Wilke) in an attempt to entice Amazon to NJ:

https://www.princeton.edu/news/2017/10/18/eisgruber-describes-princeton-synergies-letter-amazon-leaders

The immediate area around Suffolk Downs is pretty yuck, no offense to those living around there. I guess if it was built, stuff would pop up. Just speaks to me of the lack of undeveloped land of any size in the immediate Boston area.

Rhode Island would be nice. Having so much water around would be attractive. High taxes, though.

The SLU 'hood where our local Amazon is entrenched was pretty yuck for quite a while. Until Paul Allen bought a bunch of land and started developing it.

Any time you built a 50,000 worker campus, the surrounding area changes. Immediate service businesses (dry cleaning, Starbucks, restaurants, bars, convenience stores) pop up, housing starts to change over, schools have to be built near those homes.

I don’t know that any city in the US has a turnkey opportunity for Amazon.

I doubt RI could come ip with financial enticements. They lost the GE bid.

There’s not turnkey - and then there is Suffolk Downs and Ri-VEE-ah. :wink:

Here is an interesting perspective:

"Kevin Boeh, a former technology investment banker and corporate consultant, thinks Amazon will put a priority on quick travel between the two headquarters. He’s done some research to back up the wisdom of such a move.

A study of the performance of Japanese firms’ U.S. subsidiaries over more than a decade found that, all else being equal, an extra hour of travel time from headquarters to a subsidiary means that unit has a 7 percent lower chance of turning a profit."

Read on here:

https://www.seattletimes.com/business/amazon/as-amazons-deadline-for-hq2-bids-closes-speculation-on-winner-heats-up/

But then you lose the benefit of different times zones and other benefits from two geographically different headquarters. There are many I could think of.

Sure, but do they care about that? It seems to me they need a bunch of freebies and a large workforce that can be tapped into quickly.

That link I posted has a bunch of various interesting analyses in it.

Well, Seattle did put in a bid. Can’t cut down the travel time between HQ any more than by putting the two HQs next to each other.

Personally, I do not want them here. Tried to meet kid for a quick meal after work, and could not get into any eateries after 6. The buses are standing room only.

It takes time to build transit. Much more time than housing would take. So if transit is important to them, they are better off with some place that’s got it.

@TiggerDad , thanks for the link. I live in Cape May County ( which isn’t in the running ) We were hoping for Atlantic county area because the casino industry has bottomed out , making many people leave the area and or lose their homes. Atlantic County has the highest foreclosure rate in the country

They have over 10,000 open jobs in Seattle right now. But I don’t think it is that they have tapped out the talent – they churn through people like crazy. It doesn’t have a reputation as a very good place to work. I work in tech, and they are the only company on my list in Seattle that I won’t work for (so far). Plus, their own impact on the housing and traffic have made Seattle less palatable – they soiled their nest. Any city clamoring for them to come shouldn’t ignore that history.

@twoinanddone - the Seattle bid includes the “greater Seattle area,” which is pretty big. Everett to Tacoma. Travel time between those points is more than 2 hours during business hours.

I don’t want them in my backyard, but they are already moving in. And investors buy up commercial RE with them inside or around them. Which means - no RE for startups.

https://www.seattletimes.com/business/real-estate/new-amazon-occupied-office-in-bellevue-sells-for-record-price/