HQ2 Narrowed

rod

Retired 23 years
I'm surprised they would even consider it. I know the twin cities offers a great economy with a good reputation for workers and a highly populated metro area, but considering we're home to both Target and Best Buy, the state offered much much less in incentives than other states.
From what I read the state put their hat in the ring as a formality. They didn't really want it because they didn't want to piss off Target and Best Buy but they also didn't want to appear to be anti growth. Politics
 

Jkloc420

Do you need an air compressor or tire gauge
From what I read the state put their hat in the ring as a formality. They didn't really want it because they didn't want to piss off Target and Best Buy but they also didn't want to appear to be anti growth. Politics
 

Jkloc420

Do you need an air compressor or tire gauge
From what I read the state put their hat in the ring as a formality. They didn't really want it because they didn't want to piss off Target and Best Buy but they also didn't want to appear to be anti growth. Politics
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bacha29

Well-Known Member
I'm near Denver and evidently we're still on the list. I don't want us to be on the list, honestly.
Denver mayor Michael Hancock announced that Denver and the state would offer 7 billion in concessions to grab Amazon as well as admitting that given the fact that it took Amazon 20 years to each 40,000 employees total HQ2 would be a multi decade program if it were to reach 50,000 employees operating out of the new headquarters.
Now let's say that you're a 59 year old Denver resident too late in life to become a part of the new "gig" or the new "app" economy but you could very well end up spending the rest of your life helping to recoup through higher fees and taxes the mountain sized pile of goodies state and local government had to give to Bezos , but in the end have nothing to show for it in terms of personal benefit and quite possibly end up even worse off than you were before.
 

Fred's Myth

Nonhyphenated American
Denver mayor Michael Hancock announced that Denver and the state would offer 7 billion in concessions to grab Amazon as well as admitting that given the fact that it took Amazon 20 years to each 40,000 employees total HQ2 would be a multi decade program if it were to reach 50,000 employees operating out of the new headquarters.
Now let's say that you're a 59 year old Denver resident too late in life to become a part of the new "gig" or the new "app" economy but you could very well end up spending the rest of your life helping to recoup through higher fees and taxes the mountain sized pile of goodies state and local government had to give to Bezos , but in the end have nothing to show for it in terms of personal benefit and quite possibly end up even worse off than you were before.
Which is exactly why all but a relative handful of people AREN'T interested in the Amazon lottery. I live in the fastest growing metroplex in Texas, and the only ones expressing a desire to see it happen here are those who would directly benefit. The infrastructure here has taken a beating the last 10 years, and we are already overwhelmed with a population explosion that is clogging our roadways. Not interested in compounding the problem.
 

bacha29

Well-Known Member
Which is exactly why all but a relative handful of people AREN'T interested in the Amazon lottery. I live in the fastest growing metroplex in Texas, and the only ones expressing a desire to see it happen here are those who would directly benefit. The infrastructure here has taken a beating the last 10 years, and we are already overwhelmed with a population explosion that is clogging our roadways. Not interested in compounding the problem.
Excellent point. Many of the high profile cities in the nation have maxed out in terms their ability to handle growth. In other words they're as big as the're capable of becoming.
 

vantexan

Well-Known Member
Excellent point. Many of the high profile cities in the nation have maxed out in terms their ability to handle growth. In other words they're as big as the're capable of becoming.
Phoenix had a population of about 40,000 in 1950. It's now the 4th largest city in U.S.. In a capitalist country growth is what is pursued. The geography of San Francisco or Seattle may limit growth, but most cities can and want to grow. Growth creates wealth and jobs.
 

Fred's Myth

Nonhyphenated American
Phoenix had a population of about 40,000 in 1950. It's now the 4th largest city in U.S.. In a capitalist country growth is what is pursued. The geography of San Francisco or Seattle may limit growth, but most cities can and want to grow. Growth creates wealth and jobs.
DFW is adding almost 400 people per day. The profit-driven sectors are benefitting, but the tax-driven ones are lagging behind. Doesn't help when incentives to acquire new business won't help upgrade the infrastructure until they expire in 10 or more years. Even the developers are demanding cities help pay for the transportation impact fees that are supposed to finance repairs and upgrades. Growth on top of growth is only good when foresight and preparation precede that growth. We already are impacting an area 100 miles in any direction.
 

Oldfart

Well-Known Member
Excellent point. Many of the high profile cities in the nation have maxed out in terms their ability to handle growth. In other words they're as big as the're capable of becoming.
Where do you feel it will land? Considering you were allowed to by Amazon stock at a steep discount last year and make a 73% return, you must have some insight or connection to Bezos.
 

bacha29

Well-Known Member
DFW is adding almost 400 people per day. The profit-driven sectors are benefitting, but the tax-driven ones are lagging behind. Doesn't help when incentives to acquire new business won't help upgrade the infrastructure until they expire in 10 or more years. Even the developers are demanding cities help pay for the transportation impact fees that are supposed to finance repairs and upgrades. Growth on top of growth is only good when foresight and preparation precede that growth. We already are impacting an area 100 miles in any direction.
Indeed, and one of the most ungodly expensive pieces of new infrastructure any municipality could ever undertake is....... a new sewage treatment plant. Just ask the towns along the Chesapeake Bay Initiative. Due to the CBI the small rural town in which I (pop 6500) had to replace it's sewage treatment plant in order to meet new treatment requirements. The cost a new plant for a town that small ?...... 50 million dollars. As a result the total combined bill for water and sewage is now comprised of 25% water 75% sewage treatment . Some of things that must be considered before rolling over for people like Bezos.
 

59 Dano

I just want to make friends!
If a city has to give massive concessions and spending money on infrastructure upgrades tax concessions permit cost concessions etc etc all expenses that Amazon won't have to pay for then who will have to pay for them? It will be payed for by the residents of the city including those who have lived there all their lives but will not be given employment.

The city would experience a windfall of tax revenues long before the HQ would even begin operations. You're talking out of your rear end. A billion dollar factory in TN was built. It never produced a single thing, yet the city that supposedly "lost" all those concessions had a roaring economy during the time of its construction.

There has been open demonstrations in SF about the exploding cost of housing to the point that it's beyond the means of the average San Franciscan .

Yeah, kind of hard to expand IN THE OCEAN.
 

59 Dano

I just want to make friends!
Denver mayor Michael Hancock announced that Denver and the state would offer 7 billion in concessions to grab Amazon as well as admitting that given the fact that it took Amazon 20 years to each 40,000 employees total HQ2 would be a multi decade program if it were to reach 50,000 employees operating out of the new headquarters.
Now let's say that you're a 59 year old Denver resident too late in life to become a part of the new "gig" or the new "app" economy but you could very well end up spending the rest of your life helping to recoup through higher fees and taxes the mountain sized pile of goodies state and local government had to give to Bezos , but in the end have nothing to show for it in terms of personal benefit and quite possibly end up even worse off than you were before.

You are beyond rational conversation. The tax base will be expanding.
 

rod

Retired 23 years
Which is exactly why all but a relative handful of people AREN'T interested in the Amazon lottery. I live in the fastest growing metroplex in Texas, and the only ones expressing a desire to see it happen here are those who would directly benefit. The infrastructure here has taken a beating the last 10 years, and we are already overwhelmed with a population explosion that is clogging our roadways. Not interested in compounding the problem.


My daughter lives in a Dallas suburb (Plano) and houses there usually sell in less than 3 days--more often than not-- above the listing price. The school system is overwhelmed and traffic is a nightmare. You couldn't pay me enough to live there full time. I seems like every other month a new big company is moving their headquarters to that area. They have big time growth problems on their hands.
 

bacha29

Well-Known Member
$50 million, bacha, for 6500 people — smells fishy[/QUOTE
It was either sign a consent order, pay a $3,000 a day fine which would have increased the longer it was delayed or try to buy discharge credits from other municipalities for which they could not buy enough of and the price they wanted made the whole idea cost prohibitive .
 

Oldfart

Well-Known Member
$50 million, bacha, for 6500 people — smells fishy
It has been proven beyond doubt that bacha doesn't have a clue what he is talking about. I caught him in 2 lies about his Amazon investment and now he keeps telling me I am changing the subject. Dude likes to talk crap but don't know squat.
 
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