Author Topic: Amazon $5 bil co-HQ's in play  (Read 20361 times)

MusicMan

  • Hero Member
  • *****
  • Posts: 1318
Re: Amazon $5 bil co-HQ's in play
« Reply #165 on: October 16, 2017, 09:08:01 PM »
I hear ya.  How many individual products are sold at Wal Mart?  Food, clothing, housewares, furniture, sporting goods, media, TV's, pharmaceuticals, gasoline, electronics, plants and landscape items, crafting goods, books, pet supplies ........................

Pretty broad consumer list there. I hear they are going to be offering e commerce soon, correct? 

These fields :e-commerce, data centers, cloud computing, music/movie streaming, Whole Foods, Twitch, Kindle, Audible, etc.....

are incredibly competitive. 





Jim

  • Sr. Member
  • ****
  • Posts: 478
    • MetJax
Re: Amazon $5 bil co-HQ's in play
« Reply #166 on: October 17, 2017, 09:25:48 AM »
You are missing my point.  The corporate structure needed to support a retail chain (regardless of the range of items they sell) is much more narrow versus a company with a highly diverse business model with dozens of divisions and broad in scope.

Amazon revenue: $136 billion.
Kroger revenue: $115 billion.

Not much difference in revenue but vastly different in terms of diversity and scope of operations.  Would you presume Kroger needs the same HQ requirements as does Amazon just based on revenue?

jaxlongtimer

  • Jr. Member
  • **
  • Posts: 89
Re: Amazon $5 bil co-HQ's in play
« Reply #167 on: October 18, 2017, 02:42:09 PM »
Good coverage of Jax's bid effort.  Full article at:

https://www.jaxdailyrecord.com/article/jacksonville-making-a-pitch-for-amazons-new-headquarters-how-will-it-stack-up
Quote
The bid is due Thursday, but Curry’s office is not saying what’s in it, such as the proposed sites or taxpayer incentives that would be offered.

A mayor’s office spokeswoman also declined to say which entities were assisting in crafting the bid or when the city will officially submit its package to Amazon.

However, JAX Chamber, the Jacksonville Transportation Authority, Jacksonville Aviation Authority and city utility JEA say they are involved.

Curry said in a statement Oct. 6 he believed “Jacksonville has all the attributes that make for a great place to do business — including a strong labor force, a low cost of doing business and a great quality of life.”

Curry did not specify if he would include the labor force extending into other North Florida counties.

CityLife

  • Hero Member
  • *****
  • Posts: 1668
Re: Amazon $5 bil co-HQ's in play
« Reply #168 on: October 18, 2017, 03:03:55 PM »
I really, really hope some of the quotes in the article are just PR people trying to keep things mum before the submittal. If not, I have a feeling we are looking at a subpar proposal. I'll keep my mouth closed for now.
« Last Edit: October 18, 2017, 03:12:04 PM by CityLife »

Jim

  • Sr. Member
  • ****
  • Posts: 478
    • MetJax
Re: Amazon $5 bil co-HQ's in play
« Reply #169 on: October 18, 2017, 04:08:20 PM »
New Jersey is offering $7 billion in tax incentives.


I am curious if Amazon will take a location that is not the highest bidder.

JaGoaT

  • Newbie
  • *
  • Posts: 41
Re: Amazon $5 bil co-HQ's in play
« Reply #170 on: October 18, 2017, 05:32:51 PM »
I don't think they'll choose the offer with the most incentives

thelakelander

  • Metro Jacksonville
  • Hero Member
  • *****
  • Posts: 27232
    • Modern Cities
Re: Amazon $5 bil co-HQ's in play
« Reply #171 on: October 18, 2017, 08:08:46 PM »
They might not select the one with the largest offer but the place they'll pick will have to bring billions to the table.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali

jaxlongtimer

  • Jr. Member
  • **
  • Posts: 89
Re: Amazon $5 bil co-HQ's in play
« Reply #172 on: October 18, 2017, 09:58:10 PM »
Interesting Fortune article actually mentions Jacksonville, but only in context of our difficulty competing with metro's over 4 million people.  Still liking Philly as it could suck in talent and more from surrounding NYC and Baltimore/Washington DC without too much trouble (they are all within commuting limits, albeit a stretch for some, on Amtrak) giving Amazon the best of all worlds.

https://finance.yahoo.com/news/amazon-hq2-likely-one-six-222812757.html


Quote
While proposals have come from all over the map, it is unlikely that any metro area with fewer than 4 million people will make the grade, according to Everest Group, a Dallas-based consulting and research firm.

Only cities of that size are likely to have the both the basic infrastructure and base of skilled employees to supply Amazon’s needs. has said the new location could eventually employ 50,000 skilled people with average annual salaries of more than $100,000. These are not blue-collar jobs, and filling skilled jobs in these numbers is not easy, Eric Simonson, managing partner of Everest’s research group, told Fortune.

Given that, Atlanta, Boston, Chicago, Dallas, New York, and Washington D.C. will likely be Amazon’s top candidates, according to Everest.

....It would be difficult for cities like Pittsburgh, Tampa, Jacksonville, Orlando, Charlotte, Cincinnati, or Denver to scale up to 50,000 skilled workers over the next decade, according to Everest.
« Last Edit: October 18, 2017, 10:05:16 PM by jaxlongtimer »

ProjectMaximus

  • Hero Member
  • *****
  • Posts: 2842
Re: Amazon $5 bil co-HQ's in play
« Reply #173 on: October 18, 2017, 10:19:23 PM »
Yesterday the Nashville mayor announced a proposal for a $5.2B mass transit plan that will include 5 light rail lines, BRT and even a new tunnel in downtown. Speculation that this is to supplement their HQ2 bid.

Good coverage of Jax's bid effort.  Full article at:

https://www.jaxdailyrecord.com/article/jacksonville-making-a-pitch-for-amazons-new-headquarters-how-will-it-stack-up
Quote
The bid is due Thursday, but Curry’s office is not saying what’s in it, such as the proposed sites or taxpayer incentives that would be offered.

A mayor’s office spokeswoman also declined to say which entities were assisting in crafting the bid or when the city will officially submit its package to Amazon.

However, JAX Chamber, the Jacksonville Transportation Authority, Jacksonville Aviation Authority and city utility JEA say they are involved.

Curry said in a statement Oct. 6 he believed “Jacksonville has all the attributes that make for a great place to do business — including a strong labor force, a low cost of doing business and a great quality of life.”

Curry did not specify if he would include the labor force extending into other North Florida counties.

Nice. Article also from the TU but not really any new info other than they say the bid has already been submitted.

http://jacksonville.com/metro/business/2017-10-18/jacksonville-submits-formal-bid-land-second-amazon-headquarters

MusicMan

  • Hero Member
  • *****
  • Posts: 1318
Re: Amazon $5 bil co-HQ's in play
« Reply #174 on: October 18, 2017, 10:26:11 PM »
Well, Personally, I am glad the Mayor acted on my suggestion, by e-mail and phone call, the day this RFP was announced, to go for it.

All Hail Music Man.

Would it be great if we made a short list ? Yes.

If we were actually chosen? I'm not sure if great is the right word but it would definitely change Jacksonville forever, and I believe mostly for the good.

thelakelander

  • Metro Jacksonville
  • Hero Member
  • *****
  • Posts: 27232
    • Modern Cities
Re: Amazon $5 bil co-HQ's in play
« Reply #175 on: October 18, 2017, 10:50:38 PM »
I wonder how many cities or metros teamed up? It would seem that nearby metros like Tampa and Orlando would be better off combining their efforts, incentives and numbers.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali

CityLife

  • Hero Member
  • *****
  • Posts: 1668
Re: Amazon $5 bil co-HQ's in play
« Reply #176 on: October 19, 2017, 08:51:16 AM »
New Jersey is offering $7 billion in tax incentives.


I am curious if Amazon will take a location that is not the highest bidder.

There's a decent chance the highest bidder will win, but that doesn't necessarily mean that it is solely because of the incentives. Newark, Baltimore, and some of the other cities that are putting together major incentive packages already tick a lot of the boxes that Amazon is looking for.

thelakelander

  • Metro Jacksonville
  • Hero Member
  • *****
  • Posts: 27232
    • Modern Cities
Re: Amazon $5 bil co-HQ's in play
« Reply #177 on: October 19, 2017, 08:57:12 AM »
There's a good article on Time, highlighting the hidden public costs on landing Amazon.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.” - Muhammad Ali

jaxlongtimer

  • Jr. Member
  • **
  • Posts: 89
Re: Amazon $5 bil co-HQ's in play
« Reply #178 on: October 19, 2017, 01:46:30 PM »
New Jersey is offering $7 billion in tax incentives.

If Amazon took NJ's offer, they could possibly have their cake and eat it too:  Maximum incentives and either NYC (via Newark/Jersey City/etc.) or Philly (via Camden/Cherry Hill/etc.) as their sandbox since NJ has both of their 'burbs covered - just a bridge over a river :).

ProjectMaximus

  • Hero Member
  • *****
  • Posts: 2842
Re: Amazon $5 bil co-HQ's in play
« Reply #179 on: October 19, 2017, 03:50:21 PM »
New Jersey is offering $7 billion in tax incentives.

If Amazon took NJ's offer, they could possibly have their cake and eat it too:  Maximum incentives and either NYC (via Newark/Jersey City/etc.) or Philly (via Camden/Cherry Hill/etc.) as their sandbox since NJ has both of their 'burbs covered - just a bridge over a river :).

Just to be clear, the $7B from NJ is specifically for Newark. I believe the general state portion was $5B. And yes, this offer on the surface looks very strong.