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One walk through Seattle's 'Amazonia' neighborhood made me very uneasy for whatever city gets HQ2

Discussion in 'Coffee Shack (Daily News/Economy)' started by Goldhedge, Jan 6, 2018.



  1. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    One walk through Seattle's 'Amazonia' neighborhood made me very uneasy for whatever city gets HQ2
    [​IMG]
    • Jan. 4, 2018
    The race for cities wanting to host Amazon's new $5 billion headquarters — and the 50,000 high-paying jobs the company says it'll come with — is on.

    The global e-commerce giant received 238 bids for the second headquarters, dubbed HQ2.

    For those wondering what their city may look like should Amazon choose it, the company's current home in Seattle is a cautionary tale. Locals point to snarled traffic, soaring housing prices, never-ending construction, and accelerated gentrification.

    I recently spent a day in the Seattle neighborhood locals call Amazonia to see whether the "Ama-geddon" is as bad as everyone thinks.

    In the '90s, Seattle's South Lake Union neighborhood was a mess of parking lots, warehouses, and industrial buildings. Amazon has transformed the neighborhood and its surrounding areas, Belltown and Denny Triangle. Each of those pins on the map is an Amazon office.

    [​IMG]
    Amazon's corporate buildings in South Lake Union, Seattle, Washington.



    Amazon's offices are spread across more than 33 buildings throughout the area, though some say the number is closer to 40. The company leases 100,000 square feet of office space in this building, nicknamed Otter.
    [​IMG]
    Harrison Jacobs/Business Insider
    Source: SF Gate


    much more at link
     
  2. Treasure Searcher

    Treasure Searcher Platinum Bling Platinum Bling

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    Usually when cash flows into a specific area, inflation occurs in the real estate market.

    I wonder how many gov't entities (cities, counties, etc.) will lay out the red carpet for Amazon? Usually tax breaks, etc. are offered for
    locating, as an economic development incentive.
     
  3. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    I read the whole thing, it wasn't well written IMHO.
    Obviously there is good and bad with any company that dominates a particular area.
    One thing striking to me is that they apparently are a one shift group.
    So who are these workers? Just thousands of paperwork shufflers?

    We have some Amazon stuff around here, shipping warehouses etc.
    I don't know too much about them, other than they mailed out flyers a few times looking for workers.
    The pay looked to be pretty bad to me.
     
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  4. the_shootist

    the_shootist The war is here on our doorstep! Midas Member Site Supporter ++

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    It's hard to find anything well written any more
     
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