The developer describes preliminary plans for “a world-class sports and entertainment stadium” in the materials obtained by the Tribune. This site would be much closer to downtown, and the Fire’s current home, Toyota Park, doesn’t have a naming rights sponsor at the moment.
Still, this is a long way off, and Chicago isn’t one of the front runners; Denver, Pittsburgh, and Atlanta all seem to be getting more love from early speculators. By Andrew Schultz On Jan 11, 2021 NFL Cleveland intercepted Ben Roethlisberger and tacked on another early touchdown as well.
By Jay Rig don On Jan 10, 2021 NFL Mike Label is going to have to wear the choice to punt in the fourth quarter today, and he probably deserves to. By Andrew Schultz On Jan 11, 2021 NFL Cleveland intercepted Ben Roethlisberger and tacked on another early touchdown as well.
By Jay Rig don On Jan 10, 2021 NFL That was ugly and if anyone was paying attention to the Bears all season, exactly what should have been expected. By Jay Rig don On Jan 10, 2021 NFL Mike Label is going to have to wear the choice to punt in the fourth quarter today, and he probably deserves to.
Amazon will split its second headquarters between New York’s Long Island City and Arlington in northern Virginia, the e-commerce giant said Tuesday, ending Chicago ’s hopes of adding a highly coveted corporate name and thousands of high-paying jobs to the city’s burgeoning tech sector. Chicago was among 238 cities and regions that submitted proposals for the project known as HQ2, and it was one of 20 remaining contenders when the list was narrowed in January.
Amazon also announced Tuesday that it has selected Nashville, Tenn., as the site of a new operations center, which it said will create more than 5,000 jobs. If Amazon had chosen Chicago for HQ2, the project could have redefined the city’s economy by bringing in a major new corporate player.
Amazon did not say publicly why it passed on Chicago, but in announcing its decision, the company tipped its hat to the talent pool on the East Coast. Last month, Pritzker launched an initiative called P33 that brings together leaders from a variety of industries and universities in an effort to vault Chicago into the top tier of the tech world.
The state’s many universities pump out graduates in computer science and other tech-related fields, and there are growing companies in Chicago where those workers can land, Pritzker said. But she also said the city needs to do a better job of both helping local companies grow and keeping tech workers from leaving.
Amazon ’s decision to bypass Chicago disappointed local leaders and developers that proposed sites to the e-commerce giant. Asked why Chicago ’s bid for Amazon failed, Mayor RAM Emanuel said he had insights thanks to a phone call he had Tuesday morning.
He declined to offer specifics, however, citing the need to keep such conversations private as the city competes for corporations. Amazon is slated to receive incentives of $1.5 billion for the New York project and $573 million in Virginia, contingent on its creation of 25,000 jobs in each area with an average annual salary of more than $150,000.
Chicago and Illinois together offered more than $2 billion in incentives for the full 50,000 jobs the company originally promised. Economic incentives played a role in Amazon ’s decision, but attracting top talent was the main driver.
The company said it selected New York City and northern Virginia because it was “looking for a location with strong local and regional talent.” Chicago ’s size and infrastructure made it a solid contender, but site selection experts said they weren’t shocked to see it jilted.
In addition to access to talent, both northern Virginia and New York offered unique strategic advantages: proximity to regulators in Washington, D.C., and the financial industry, respectively, said Tom Stringer, who leads the site selection practice at accounting and consulting firm BDO. The decision to split the project between two locations likely leveled the playing field between the 20 finalists by reducing the scale of the demands on any one city, said Robert Hess, vice chairman of Newark Knight Frank’s Global Corporate Services practice, who said he advised New York on its proposal.
But if Amazon was going to choose multiple locations, there are advantages to picking sites in relatively proximity, where employees can work in the same time zone and easily travel between them when necessary, Hess said. Illinois’ reputation for fiscal problems and perception of crime in Chicago could have hurt the city’s chances, experts said.
Emanuel’s decision to not seek another term next year also may have given Amazon pause, said James Beatty, president of Omaha, Neb.-based site selection consultant NCS International. “Those decisions get made a million times a year,” said Glad win, the CEO and co-founder of Chicago -based software company Orient.
Many members of Chicago ’s tech industry say the city will benefit from its status as an HQ2 finalist, even though Amazon ultimately decided to go elsewhere. • The Downtown Gateway District, which includes space in Willis Tower and redevelopment of the old main post office and Union Station.
• More than 260 acres available for development on the longtime Motorola Solutions campus in Schaumburg, where Zurich North America recently built a new headquarters. “They may want to go horizontal, à la Merchandise Mart,” Chicago Mayor RAM Emanuel said in a Wednesday meeting with the Tribune Editorial Board.
Other sites revealed Friday included an option to redevelop the state-owned Thompson Center, a 17-story, Helmut Jahn-designed building on 3 acres in the Loop. Bruce Rather to cut a deal allowing greater zoning density for the site, paving the way for the state to sell the property at a higher value.
The fast-changing Fulton Market district west of the Kennedy Expressway is also proposed for HQ2, with land owned by multiple landlords offered to Amazon as a campus with several buildings. The neighborhood, long known for meat packers and food distributors, in recent years has attracted award-winning restaurants, boutique hotels, shops and large offices, including Google's Midwest headquarters in the former Fulton Market Cold Storage building.
There are several developments planned in the area, including a conversion of the old Cook County Hospital into a hotel and apartments. Austin, Texas, took the top spot, with analysts pointing to its already established tech hub, its well-educated workforce, a cost of living lower than Silicon Valley, a high quality of life, good transportation and a business-friendly environment, among other factors.
“The combination of these prime locations with the country's most educated population, diversified economy and connected transportation system make it clear that Chicago is the ideal city for Amazon's second headquarters as the company continues to expand.” Rather added: “Our state possesses unmatched business, education, technology, logistics, distribution, and academic research assets.
With Chicago making a bid, here are some numbers to bring HQ2's potentially enormous impact into perspective. The proposals span across 54 states, provinces, districts and territories across North America.
Amazon (AMZN) announced plans for a second headquarters in September, sending cities into a frenzy. Amazon estimates that its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city's economy.
The 10 development sites that were pitched including The 78, Lincoln Yards and The River District will now continue without the mega online retailer. (Courtesy NYC EDC)While the nationwide application process for Amazon ‘s HQ2 was largely shrouded in secrecy, New York City residents are finally starting to get some answers about the closed-doors deal.
We now know the deal was secured through a state-controlled process known as a general project plan (GPP), where large-scale and dense developments are scrutinized at a different level if they’re being constructed in a low-income area. Amazon wants to develop their headquarters on a site just north and east of Gantry Plaza State Park in Long Island City.
One of the private sites in contention is held by plastics company Papal, where a potential apartment building or office tower will be constructed. Because this property is included in the GPP, it means that Papal and Amazon will altogether avoid Usurp approval through the city council.
In yesterday’s meeting, led by Council Speaker Corey Johnson, council members questioned Houseman and Pratchett in a series of fiery turns, each expressing serious concern over not only the physical development of Amazon ’s campus, but also the company’s assistance to ICE, its employees’ rights to unionize, and whether it would help nurture local young talent in the area and promote diversity within its headquarters. Johnson, alongside Western Queens’ representative Jimmy Van Kramer, pointedly asked Houseman if Amazon would be willing to redirect New York’s planned $500 million capital grant to the four public housing developments near the site.
Amazon HQ2General informationLocation Arlington County, Virginia Technical detailsFloor area6,000,000 sq ft (557,400 m 2) office (planned) 50,000 sq ft (4,600 m 2) retail (planned) 2,100,000 sq ft (195,100 m 2) under construction Design and constructionArchitectZGF Architects Main contractor Clark Construction Amazon intended to spend $5 billion on construction, saying that HQ2 would house 50,000 workers when completed.
The corporation also invited governments and economic development organizations to give the corporation tax breaks and other incentives to entice it to their locality. More than 200 cities in Canada, Mexico, and the United States eventually offered tax breaks, expedited construction approvals, promises of infrastructure improvements, new crime-reduction programs, and other incentives.
On January 18, 2018, a shortlist of 20 finalists was announced, after which the candidate localities continued to detail or expand their incentive packages. On November 13, 2018, Amazon announced that HQ2 would be split into two locations, with 25,000 workers at each: National Landing, a future neighborhood including Crystal City in Arlington, Virginia, and Long Island City in Queens, New York City.
New York planned to give Amazon tax breaks of at least $1.525 billion, cash grants of $325 million, and other incentives. Amazon pulled out of the New York location three months later after opposition from some residents and local politicians.
Part of the Amazon headquarters in Seattle, under construction in 2015 Amazon was founded in 1994 in Bellevue, Washington, and moved to leased space in the Solo neighborhood of Seattle. As the company grew, it went through a series of office moves around Downtown Seattle, until announcing a move to a purpose-built headquarters campus in the South Lake Union neighborhood, then a light industrial enclave undergoing urban renewal.
As of 2017 , Amazon occupies 8.1 million square feet (750,000 m 2) of office space in 33 buildings in Seattle, employing 40,000 white collar workers. Amazon's request for proposals outlined several core requirements, as well as optional preferences.
Metropolitan areas with a population of over 1 million Within 30 miles (48 km) of a population center Within 45 minutes of an international airport Proximity to major highways and arterial roads 1–3 miles (2–5 km) Access to mass transit routes Up to 8 million square feet (740,000 m 2) of office space for future expansion The deadline for Phase I bids was set at October 19, 2017.
A final site was planned to be selected and announced in November 2018, from a shortlist of 20 cities released in January. As of October 23, 2017 , 238 proposals had been submitted and received by Amazon, representing cities and regions from 54 states, provinces, districts, and territories.
The only U.S. states that did not have a locality that submitted a formal proposal were Arkansas, Hawaii, Iowa, Montana, North Dakota, South Dakota, Vermont, and Wyoming. The Canadian provinces of New Brunswick and Saskatchewan also had no regions submit a bid, along with the Yukon Territory.
Moody's Analytics published an analysis of bidding metropolitan areas and determined that Austin, Texas, ranks highest among Amazon's criteria, followed by Atlanta, Philadelphia, and Rochester, New York. The New York Times also completed an analysis which found Denver to be the best site based on Amazon's criteria, followed closely by Boston and Washington, D.C. Irish gambling site Paddy Power originally listed Atlanta as the odds on favorite to win HQ2, with 2-to-1 odds, but as of January 2018, listed Atlanta and Austin as sharing 3-to-1 odds of winning Amazon HQ2.
Several cities and groups promoted their HQ2 bids by engaging in promotional campaigns and gimmicks, including offers and gifts to Amazon. Sun Corridor, a Tucson, Arizona economic development firm, sent a 21-foot saguaro cactus to Amazon in an attempt to promote the city's bid.
The gift was rejected due to the company's corporate gifts policy, instead donating it to the Arizona-Sonora Desert Museum. The city of Stone crest, Georgia, a suburb of Atlanta, voted to Deanne 345 acres (140 ha) of land for Amazon to establish its own city named Amazon around its headquarters.
Sly James, mayor of Kansas City, Missouri, purchased 1,000 products from Amazon, which he donated to charity. James wrote 5-star reviews for each one of them, in which every review mentioned positive attributes of Kansas City.
Prim anti Brothers, a chain of sandwich shops based in Pittsburgh, offered free sandwiches to Amazon employees if they chose the city as their second headquarters. The city of Birmingham, Alabama erected several giant Amazon boxes and dash buttons around public areas.
The dash buttons sent out pre-generated tweets to lure Amazon to the city. A group from Calgary sprayed messages onto sidewalks in Seattle's South Lake Union neighborhood urging the company to choose them.
During an Ottawa Senators hockey game, fans were encouraged to “make noise” for the city of Ottawa's Amazon bid. The neighboring American and Canadian cities of Detroit, Michigan and Windsor, Ontario submitted a bid together and campaigned the two cities to be the home of the new Amazon campus.
With the headquarters being divided across the Canada–United States border, the company could take advantage of tax incentives offered by both Ontario and Michigan. Amazon would also be able to capitalize on the less restrictive Canadian immigration laws and the lower currency exchange of the Canadian Dollar.
Contrary to other cities, Little Rock, Arkansas, purchased a full-page ad in The Washington Post “breaking up” with Amazon, where they described their decision to not submit a bid, while also touting the city's positive attributes. A few days after the bid deadline, the campaign flew a banner plane over Seattle with the same message.
Amazon HQ2 final 20 cities January 18, 2018, Amazon announced its shortlist of 20 finalists for the HQ2 bidding process. The list focuses mainly on the U.S. East Coast and Midwest, with Los Angeles the only selection from the West Coast and Toronto the only one outside the United States.
According to an Amazon spokesperson, the NDA does not cover financial incentives that cities have offered. NBC News reported in May that visits to the 20 finalists had been finished by Amazon.
In an interview in September 2018, with The Economic Club of Washington, D.C., Bezos said, “We will have a decision by the end of the year.” In November 2018, The Washington Post and The Wall Street Journal reported that several finalists were in advanced talks with Amazon over the HQ2 decision, including the potential choosing of Crystal City in Northern Virginia.
Amazon Director of Economic Development Mike Greeley wrote on Twitter that the leaker responsible for informing the newspapers was violating a non-disclosure agreement. Greeley also criticized media outlets for speculating on the winning bid for HQ2 based on the travel patterns of Amazon CEO Jeff Bezos, who owns The Post.
On November 5, 2018, it was speculated that Amazon was finalizing plans to divide HQ2 evenly among two locations: Crystal City in Arlington, Virginia, Long Island City in Queens, New York, or Dallas, Texas. Amazon declined to comment on The New York Times and The Wall Street Journal reports.
Some finalists and rejected bids have used their Amazon proposals to attract investments from other multinational corporations. Steven Strauss, a visiting professor of public policy at Princeton University and an expert on economic development, in an editorial in USA Today suggested that metropolitan areas should be cautious about bidding too generously to win the Amazon bid.
He pointed to examples where companies have gone bankrupt or failed to follow up on expansion plans. Strauss also wrote that it was possible that cities could over-pay (the so-called winner's curse “) by providing an overly generous incentive package, which would turn out to be a money-losing proposition for the municipality if all the promised jobs did not materialize.
Conservative and liberal advocacy groups voiced their opposition to various tax breaks promised by cities in hopes of luring Amazon. Former Seattle Mayor Ed Murray announced that he would begin conversations with Amazon about their long-term plans for the city, while the Seattle Metropolitan Chamber of Commerce characterized the announcement as a “wake-up call” to Seattle to improve the city's business climate.
Billie found this strategy to be “misguided... these strategies put our tech workers in a global race to the bottom, competing on cost with the salaries in Poland, Ukraine, and India.” The selections of New York City and Northern Virginia for the HQ2 sites were confirmed early on November 13, 2018.
Amazon made the official announcement later that day. In Amazon's announcement, a joint press release was presented by the Northern Virginia bidders that Amazon's HQ2 neighborhood location would officially be renamed National Landing “, which encompasses not only Crystal City but also the nearby areas of Pentagon City and Potomac Yard.
Amazon also announced that it would employ 5,000 people at a new Operations Center of Excellence in Nashville, Tennessee. The subsidies offered to Amazon in New York include performance-based direct incentives of $1.525 billion based on whether the company created 25,000 jobs.
This included a refundable tax credit through the state's Excelsior Program of up to $1.2 billion, calculated as a percentage of the salaries Amazon expects to pay employees over the following 10 years. Additionally, the Empire State Development Corporation would give Amazon a cash grant of $325 million based on the occupancy rates of HQ2 buildings over in the following 10 years.
Under an agreement with New York City's government, half of the property taxes for the city's HQ2 campus would be waived, and the exempt amount would go to the city's PILOT (payment in lieu of taxes) fund to pay for infrastructure improvements in New York City. Both states proposed that Amazon be given access to a helipad, and the New York state government also promised to upgrade infrastructure in conjunction with HQ2's construction there.
Amazon was said to have chosen New York City as one of the sites for HQ2 because of the city's highly skilled pool of talent; existing tech, finance, and media industries; and strong university system, including Columbia University and Cornell Tech. Cancellation Edit After the HQ2 campus in New York City was announced, officials representing parts of Queens, such as U.S. Representative-elect Alexandria Ocasio-Cortez, Councilman Jimmy Van Kramer, State Senator Michael Granaries, and Assemblyman Ron Kim, announced their disapproval.
Ocasio-Cortez, Van Kramer, and Granaries all expressed concern that Amazon would receive tax breaks while critical infrastructure, such as the New York City Subway, was deteriorating, and the city's public school and health care systems were underfunded. In a Twitter post, Ocasio-Cortez raised further concerns about the affordability of housing in Queens, since housing prices around the HQ2 campus in Queens began rising in anticipation of the campus's construction.
On February 14, 2019, Amazon announced that it would cancel the planned Long Island City location due to opposition. The company also said that it would continue developing the Crystal City and Nashville locations.
The New York Times reported that de Blasio and Cuomo were “blindsided” by Amazon's decision when informed by Amazon VP Jay Carney. New York governor Andrew Cuomo blamed Democrats in the New York State Senate for the cancellation, and New York City mayor de Blasio said that Amazon “threw away that opportunity,” by making the announcement.
We could hire more teachers, we can fix our subways, we can put a lot of people to work for that money if we wanted to.” Mayor de Blasio, among others, criticized her, and those who had made similar remarks, for suggesting the money, mostly in the form of tax credits, was now free to be spent elsewhere.
Activist organizations also argued that, in Amazon's absence, the original plans to build 6,000 homes should be re-adopted. According to an interview with CNBC, Amazon's vice president of public policy Brian Houseman denied that politics rather than logistics were a factor on Amazon choosing to cancel its New York location.
In December 2019, Amazon announced that it had signed a new lease for 335,000 square feet (31,100 m 2) of space in the Hudson Yards neighborhood to accommodate 1,500 employees. The company already has 3,500 tech employees in the New York City area.
Cuomo called the cancellation the “greatest tragedy” he'd seen during his tenure as governor of New York in February 2019. 1770 Crystal Drive being renovated Virginia offered performance-based incentives which included a workforce cash grant of $550 million for the first 25,000 jobs Amazon created that paid an average salary of $150,000 by 2030.
The state would give an additional $200 million for the next 12,850 qualifying jobs created by 2034. Arlington County would also give an additional $23 million in cash grants, to be disbursed over 15 years, contingent on Amazon reaching a certain office size and the gradual increased revenue from a tax collected from the county's hotel rooms.
The county also offered an estimated $28 million in infrastructure improvements tied to the property taxes of the Pentagon City and Crystal City area. The state's initial offer was actually close to $1 billion, according to the Virginia Economic Development Partnership.
When Amazon told state officials they would get half of the jobs, the group decided to “essentially cut roughly in half.” Amazon's initially said it could occupy up to 8 million square feet of office in Arlington over the course of 15 years, which included leased and built office space.
However, company officials would later tell Arlington that Amazon would not promise anything over 4 million square feet. The company started construction on its first HQ2 tower, known as the Metropolitan Park site because of its proximity to a public park of the same name, in early 2020 after getting approval for the project in December.
Two existing buildings in Crystal City, 1800 S. Bell Street and 1770 Crystal Drive (formerly 1750 Crystal Drive), were being extensively renovated to serve as temporary office space for Amazon, with smaller renovations being made to a third building, 241 18th Street S. in March 2019 The next month Amazon quietly started listed openings for software development engineers and software managers meant as HQ2 jobs. But Amazon announced five different jobs openings as the “first jobs” few weeks in a press release that coincided with the arrival of Rob Puccini, a vice president of Alexa, to the Arlington area from Seattle.
It moved its first employees into the newly leased office space in June 2019, and a year later Amazon said there were roughly 1,000 employees the company counted as HQ2 workers. ^ a b c d Amazon reveals first rendering of its HQ2 in Arlington, Virginia”.
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We can put a lot of people to work for that money if we wanted to,” Ocasio-Cortez said ^ “Alexandria Ocasio-Cortez celebrates Amazon moves to scrap New York headquarters ". “Ocasio-Cortez takes a victory lap after Amazon scraps plans to build in New York”.
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