The Vancouver Business Thread - Page 50

sunsetmountainland · #**981** Posted **Aug 4, 2017, 5:13 AM**

I for one would like to thank Leftcoaster for being so patient with Caliplanner1 and his bigotry as well as his conspiracy on capitalism.

retro_orange · #**982** Posted **Aug 4, 2017, 5:18 AM**

Uncalled for.

sunsetmountainland · #**983** Posted **Aug 4, 2017, 5:21 AM**

Quote:

Originally Posted by retro_orange

Uncalled for.

No not at all it was well earned! I think Leftcoaster did a great job!

retro_orange · #**984** Posted **Aug 4, 2017, 5:23 AM**

Just drop it.

chrisel · #**985** Posted **Aug 11, 2017, 12:22 AM**

Quote:

Ross Moore, a senior vice-president with Cresa Vancouver Commercial Real Estate Services, said industry sources indicate the Seattle-based company, has a deal to take 147,000 square feet in a new building planned by Oxford Properties in downtown Vancouver at 401 W. Georgia St. that would double its size in the city.

Source: http://business.financialpost.com/real-e...wcm/40161b5f-799c-42c5-8489-3f12196c3c56

Henbo · #**986** Posted **Sep 7, 2017, 5:32 PM**

https://techcrunch.com/2017/09/07/amazon...eadquarter-city-a-full-equal-to-seattle/

Anyone think there is potential for Vancouver to become Amazon's 2nd headquarters?

They're looking for a North American city that has a population of more than 1 million people, a “stable and business-friendly environment”, have “urban or suburban locations with the potential to attract and retain strong technical talent,” and “communities that think big and creatively when considering locations and real estate options.”

We've also got the same time zone, close proximity to Seattle, less restrictive immigration policies, relatively cheap talent, strong post secondary network, etc. Plus it would fit in nicely with the Cascadia Innovation Corridor idea.

However with current municipal policies I don't think Amazon would be able to assemble and develop a site of around 8 million sqft of office space like they want?

s211 · #**987** Posted **Sep 7, 2017, 7:02 PM**

Quote:

Originally Posted by Henbo

https://techcrunch.com/2017/09/07/amazon...eadquarter-city-a-full-equal-to-seattle/

Anyone think there is potential for Vancouver to become Amazon's 2nd headquarters?

They're looking for a North American city that has a population of more than 1 million people, a “stable and business-friendly environment”, have “urban or suburban locations with the potential to attract and retain strong technical talent,” and “communities that think big and creatively when considering locations and real estate options.”

We've also got the same time zone, close proximity to Seattle, less restrictive immigration policies, relatively cheap talent, strong post secondary network, etc. Plus it would fit in nicely with the Cascadia Innovation Corridor idea.

However with current municipal policies I don't think Amazon would be able to assemble and develop a site of around 8 million sqft of office space like they want?

My vote is for Toronto, if they're talking Canada.

WarrenC12 · #**988** Posted **Sep 7, 2017, 7:27 PM**

I'm pretty sure they'll go with something in the east, at least on that timezone. Toronto would be reasonable for Canada.

mezzanine · #**989** Posted **Sep 7, 2017, 9:25 PM**

Canada in general is a strong contender IMO due to frustrations with the US visa system. If the US does start enforcing new DACA rules then this is an even stronger case for having HQ2 in Canada.

Vancouver's proximity to seattle is its strongest and weakest point. IMO there are advantages to having a lot of your workforce in close proximity to each other even with tech advances/ teleconferencing, etc. If BC and Was. make more moves on the Cascadia innovation corridor (? rapid train/driverless car infrastructure), even moreso.

OTOH, having a broad view by locating far away on the east coast would give a company broader exposure to different views and markets, similar to why boeing moved its HQ away from seattle to Chicago.

it also depends if how amazon responds to tax incentives by other jursidictions. some places can go crazy with subsidies tax credits, etc.

Alex Mackinnon · #**990** Posted **Sep 7, 2017, 9:27 PM**

I'm not sure why they would want to split time zones. Working across a 3 hour time zone split is a pain in the butt. At my company we usually worked as California/BC rather than BC/Ontario because the time zone changes made scheduling annoying. Some corporate structure changes happened than meant we have to work with Ontario more, and it just means stepping on peoples toes constantly for scheduling meetings.

My bet is Vancouver or Portland. The big reason I can see them wanting to split their HQ up is that they're getting fallout from Seattle locals on massively distorting their local economy, and they want to spread the load around a larger area.

Either option spreads their footing out a bit. Portland is cheaper for attracting talent, and doesn't have boarder problems for access. Vancouver has a much larger international reach, easier immigration, lower wages, and gives leverage if they ever want to threaten to offshore.

Just look at what happened with their cargo drones, the gov't wouldn't let them test in the US, so they bought property in South Surrey.

WarrenC12 · #**991** Posted **Sep 7, 2017, 9:54 PM**

Seems silly to have 2 separate HQs that are so close together. It would be smarter to expand the existing HQ.

I don't buy the Seattle economy distortion.. it's a huge city with many multinational corporation HQs. If anything they'd want to be somewhere with a big talent pool to draw from. Toronto (Canada) and the eastern US seaboard are good options for that.

Tetsuo · #**992** Posted **Sep 8, 2017, 12:32 AM**

Austin, TX is going to get this, they are just playing a race to the bottom

Ron.

towerseeker101 · #**993** Posted **Sep 8, 2017, 6:40 AM**

Quote:

Originally Posted by Tetsuo

Austin, TX is going to get this, they are just playing a race to the bottom

Ron.

I was thinking about Texas being a prime location as well.

cornholio · #**994** Posted **Sep 8, 2017, 9:46 AM**

Vancouver doesn't make sense. Not to mention that they specifically mentioned cost of living as being a important factor. Having said that the only decent land that can house 8 mill square feet of office space is the Willigdon Lands in Burnaby. Its a very attractive property next to the highway and transit that can be easily upgraded to full BRT and connect up with the skytrain stations at Metrotown and Brentwood with probably a 5min one or two stop ride. Also a good school in BCIT across the street to work with and expand further and already a good office hub around there.

Having said all this Vancouver has no chance. It doesn't have the schools and talent to support Amazons needs. It also doesnt have what is needed to retain and attract top talent and the transportation infrastructure is inadequate and pretty much inching towards complete region wide failure.

EastVanMark · #**995** Posted **Sep 8, 2017, 5:19 PM**

Quote:

Originally Posted by Henbo

https://techcrunch.com/2017/09/07/amazon...eadquarter-city-a-full-equal-to-seattle/

Anyone think there is potential for Vancouver to become Amazon's 2nd headquarters?

They're looking for a North American city that has a population of more than 1 million people, a “stable and business-friendly environment”, have “urban or suburban locations with the potential to attract and retain strong technical talent,” and “communities that think big and creatively when considering locations and real estate options.”

We've also got the same time zone, close proximity to Seattle, less restrictive immigration policies, relatively cheap talent, strong post secondary network, etc. Plus it would fit in nicely with the Cascadia Innovation Corridor idea.

However with current municipal policies I don't think Amazon would be able to assemble and develop a site of around 8 million sqft of office space like they want?

Well 1 out of 4 aint bad.

whatnext · #**996** Posted **Sep 14, 2017, 5:33 PM**

Nexen just pulled the plug on their Aurora LNG project, citing poor macroeconomic conditions. Another stake in Christy's gassy fantasyland.

http://www.news1130.com/2017/09/14/partners-pull-plug-aurora-lng-economic-reasons/

osirisboy · #**997** Posted **Sep 14, 2017, 6:28 PM**

How was it a fantasyland? These companies said they wanted to and were intending on developing these plants here.

LeftCoaster · #**998** Posted **Sep 14, 2017, 6:58 PM**

Whatsnext kinda has one gear here, shit on the Libs. It's fine we all have our reasons for being here you just need to realize that's all his contribution to this forum ever is.

As for LNG, there were dozens of proposals, only 2-3 were ever going to go ahead. Woodfiber is going ahead, and likely one more of the majors. Aurora dropping out is not a condemnation of the industry as a whole.

Nothing has changed here, especially not Whatsnext's strange obsession with Christy Clark.

whatnext · #**999** Posted **Sep 14, 2017, 8:07 PM**

Quote:

Originally Posted by LeftCoaster

Whatsnext kinda has one gear here, shit on the Libs. It's fine we all have our reasons for being here you just need to realize that's all his contribution to this forum ever is.

As for LNG, there were dozens of proposals, only 2-3 were ever going to go ahead. Woodfiber is going ahead, and likely one more of the majors. Aurora dropping out is not a condemnation of the industry as a whole.

Nothing has changed here, especially not Whatsnext's strange obsession with Christy Clark.

Really, you might want to check some of the photos I've contributed. Can't recall you doing the same.

My "obsession" with Christy Clark is really nothing more than disgust with her as a smarmy shyster, of type one would say "butter wouldn't melt in her mouth". Given the real estate industry backing of the BC Libs, it's not surprising she's picked up their habits. I wouldn't be surprised to see her hawking condos next.

csbvan · #**1000** Posted **Sep 14, 2017, 9:32 PM**

Quote:

Originally Posted by LeftCoaster

Whatsnext kinda has one gear here, shit on the Libs. It's fine we all have our reasons for being here you just need to realize that's all his contribution to this forum ever is.

As for LNG, there were dozens of proposals, only 2-3 were ever going to go ahead. Woodfiber is going ahead, and likely one more of the majors. Aurora dropping out is not a condemnation of the industry as a whole.

Nothing has changed here, especially not Whatsnext's strange obsession with Christy Clark.

That is pretty much right on. The majority of the proposals were never going to happen, and only a few ever made economic sense. That being said, the Liberals did make LNG promises the central plank of their election platform back in 2013. That was a pretty major promise that they failed to deliver on and so they, as a party, get to live with the consequences of that failure.