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Now that we're 99% certain that HQ2 won't be in Philly, but very likely in the DC area, do we think there are any indirect economic benefits of being a 2.5 hour drive away from Amazon (and shorter via Amtrak)? Surely because of Philly's location between NYC and DC, any economic growth in either of those two cities is a positive for Philly too. Trying to think optimistically here.
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I'm tired of the HQ2 antics as well, but I was really pushing for an outside player to shake up Philadelphia's slow and steady approach. I have to go back and look at the SY building breakdown. I know there is quite a bit of planned lab, residential and (hotel?) components, but my short term optimism for SY goes down if they cannot land several anchor tenants likely needing to be from outside the area to take 500,000+ sq ft of space. HQ2 was a great first run and it sounds like we've landed some small players because of it. But everyone involved from the city needs to put their money where their mouth was and make it happen for another company, not just forget about it all. I mean the big FAANG tech players have just about 0 presence in Philadelphia when many of the competitor cities have them, some with 500-1,000+ employees. |
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And as I've stated previously, Amazon appears to be placing a heavy premium on the secrecy of its ultimate choice so that it can make the biggest PR splash--and perhaps social impact--with the big announcement. |
Amazon Plans to Split HQ2 Evenly Between Two Cities
https://www.wsj.com/articles/amazon-...ies-1541446552 It's behind a paywall but the headline sums it up. |
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It would make some sense for the two cities to be really close to one another *cough cough* Philly and NYC or Philly and NoVa *cough cough*
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^
I can't see Dallas being the choice. Bezos is too ultra of a liberal for Dallas. |
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The city needs to really look at how it presents itself to the world. After landing at the Airport, Amazon workers would have been whisked in the back of a black SUV past oil refineries, factory shells, a massive TRIGEN plant and decaying neighborhoods all along a weed strewn, litter infested highway that hasn't seen any meaningful investment since the Kennedy Administration. First impressions pack a powerful punch: "This is where I'm going to ask thousands of vendors/clients/consultants/employees to travel in and out of? I don't think so."
I was shooting on Broad Street near the convention center one night last week around 10pm. There's a brand new Aloft hotel there that looks pretty nice. Next door, though, was a fairly large homeless encampment (and all the accompanying accoutrement) taking up residence at the Church and on the sidewalk. On the gameboard plaza in front of the MSB were several skateboarders, and turning the corner and speeding up broad street was a dirtbike gang - like, it felt incredibly lawless, 100 yards from City Hall. Meanwhile, I'm watching hotel guests with their luggage dodge the seedy homeless camp and watch in wtf awe at the dirtbike gang. I'd be like, "take my word for it, just a few blocks south are really nice and cosmopolitan" - but most people's minds would already have been made up and I don't blame them. Until the city sweeps itself up and take itself seriously, it'll NEVER land these types of businesses. |
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Any takers on Crystal City and Philly with the HQ2 split? Basically 25k workers in each state or is it a joke now?
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I find it strange that the info about Crystal City was reported by Amazons own newspaper, almost seemed on purpose. Maybe I’m just a conspiracy theorist at heart.
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