Amazon HQ2 bid

[GTAlum]

Yes, that is why I thought it was interesting that the idea is being brought up again because the amount of work would be very extensive to pull it off.

On a side note: The Midtown side of the connector is 10-20 feet higher in elevation per topographic maps.. Would be interesting to see if Georgia Tech could include this portion of Midtown in their Storm Water Master Plan.

[Libertarian]

Besides the relative ATL advantage on cost of living, another major plus here is the logistics human resources (intellectual capital) in this metro. UPS, Home Depot, Delta, and a plethora of smaller enterprises provide unlimited cross fertilization (aka poaching). As a logistics hub the DC area can't begin to approach us.
However, I think Amazon has planned all along to put HQ2 in the DC area, and has been using the fake competition to elicit the best package from MD/VA. Very sleazy but that's how Bezos rolls. Government contracting is where they see the growth, and influencing the government is how they will protect their private monopoly. As someone said, the CIA pays Amazon $600 million per year (and probably several times that figure). The Pentagon will give Amazon the cloud contract for $10 billion. The main influencing newspaper in DC is the Washington Post owned by Bezos, and no politician wants to get on the wrong side of the WP.
I predict Amazon will announce late in the year that they've actually decided to put not 50,000 employees in DC but rather just 5,000, with additional 5,000 each in Atlanta, Austin, Dallas, Miami, Chicago, Philly, NYC, Boston and Raleigh. But the 5,000 in DC will be by far the most important component.

[skyscraperpage17]

Originally Posted by Libertarian

I predict Amazon will announce late in the year that they've actually decided to put not 50,000 employees in DC but rather just 5,000, with additional 5,000 each in Atlanta, Austin, Dallas, Miami, Chicago, Philly, NYC, Boston and Raleigh. But the 5,000 in DC will be by far the most important component.

That is a possibility too.

It'll be like Oprah: "YOU get a car!!!...YOU get a car!!!...EVERYBODY GETS A CAR!!!"

[atlwarrior]

Well if it happens please start a new thread Amazon picks Atlanta.

[Atlanta3000]

What have I said throughout this process - CONNECT THE DOTS!!!

So I got my hands on the document the City Council is reviewing this week concerning the Gulch development. Note this is not just any document, it is an Exhibit to a Master Agreement (Legally binding contract) between the CoA and CIM Group and is expected to be signed next Monday.

Does anyone here have any doubt now?

See Page 14
https://www.scribd.com/document/388367686/18-O-1480-Exhibit-2-Gulch-EZ-Development-Agreement-1

Link to View the Master Agreement
https://www.scribd.com/user/313092884/maggielee/uploads

[wonshirim]

Originally Posted by Atlanta3000

What have I said throughout this process - CONNECT THE DOTS!!!

So I got my hands on the document the City Council is reviewing this week concerning the Gulch development. Note this is not just any document, it is an Exhibit to a Master Agreement/legally binding contract between the CoA and CIM Group and is expected to be signed next Monday.

Does anyone here have any doubt now?

See Page 14
https://www.scribd.com/document/388367686/18-O-1480-Exhibit-2-Gulch-EZ-Development-Agreement-1

Link to View the Master Agreement
https://www.scribd.com/user/313092884/maggielee/uploads

Interesting.. now that its basically a countdown until the official announcement, can you reveal details regarding Amazon's LOI for 675 Peachtree?

[Atlanta3000]

Originally Posted by wonshirim

Interesting.. now that its basically a countdown until the official announcement, can you reveal details regarding Amazon's LOI for 675 Peachtree?

I can't discuss those details, but I suspect at this point it is no longer a LOI.

[wonshirim]

Originally Posted by Atlanta3000

I can't discuss those details, but I suspect at this point it is no longer a LOI.

You keep leavin me hanging! Then what do you see it as?

[ATLSkyPalaceOwner]

Since becoming an adult, my reading comprehension has essentially regressed to 1st grade level, but if I am reading this correctly this is pretty key:

Section 7.28.

Public Funding
. Other than the funding set forth in this Agreement, the Bond Transaction Documents, the TAD Development Agreement and the other TAD Bond Documents, Owner shall not seek or solicit or accept any proposal of, or enter into any plan or agreement, with any other county, local government, development authority or quasi-governmental authority of the State of Georgia, other than Invest Atlanta regarding any economic development incentives relating to the financing of the Project or the redevelopment thereof unless the recipient of the incentive(s) benefit is a Major Economic Development Opportunity. If Owner desires an economic development incentive that is offered by Invest Atlanta other than those set forth in this Agreement, Owner shall submit an application therefor to Invest Atlanta if such incentive is available. If the desired economic development incentive is not offered by Invest Atlanta, or if the desired economic development incentive is offered by Invest Atlanta but Invest Atlanta denies the request, Owner shall be free to seek such economic development incentive from another entity as long as such incentive does not result in the reduction of ad valorem real property taxes on the Project

Doesn't this essentially state that it must be used for HQ2? Or am I missing something?

[Atlanta3000]

Originally Posted by atlskypalaceowner

since becoming an adult, my reading comprehension has essentially regressed to 1st grade level, but if i am reading this correctly this is pretty key:



Doesn't this essentially state that it must be used for hq2? Or am i missing something?

yes

[wonshirim]

Originally Posted by ATLSkyPalaceOwner

Since becoming an adult, my reading comprehension has essentially regressed to 1st grade level, but if I am reading this correctly this is pretty key:



Doesn't this essentially state that it must be used for HQ2? Or am I missing something?

Yes. It's conditional.

if: Amazon choose Atlanta -> CIM incentives implemented
else: incentives revoked

Looks like what's going on here

[Artemis]

Originally Posted by Atlanta3000

What have I said throughout this process - CONNECT THE DOTS!!!

So I got my hands on the document the City Council is reviewing this week concerning the Gulch development. Note this is not just any document, it is an Exhibit to a Master Agreement (Legally binding contract) between the CoA and CIM Group and is expected to be signed next Monday.

Does anyone here have any doubt now?

See Page 14
https://www.scribd.com/document/388367686/18-O-1480-Exhibit-2-Gulch-EZ-Development-Agreement-1

Link to View the Master Agreement
https://www.scribd.com/user/313092884/maggielee/uploads

I am so sorry, but I don't even see the DOTS.

[Atlanta3000]

Originally Posted by Artemis

I am so sorry, but I don't even see the DOTS.

Very simple.....It means all of the incentives the CoA is offering in the Agreement for the Gulch redevelopment and to CIM Group are contingent on "A Major Economic Development Opportunity" that will bring at least 40K full-time jobs and will be the relocation or the creation of a 2nd HQ for a company with a minimum of $50 Billion in revenue.

To my knowledge there is only 1 company in the world that fits this profile - AMAZON!

Note it leaves open the probability it may be a complete relocation of Amazon's HQ in Seattle - this is a major point.

[Atlanta3000]

Originally Posted by wonshirim

You keep leavin me hanging! Then what do you see it as?

Lease.....Amazon probably already signed the lease is what I am saying. This is purely speculation, but it would be logical at this conjecture.

[Atlanta3000]

Originally Posted by Atlanta3000

The number 1 rule of negotiations is when you are asked from your prospect to give your BAFO (Best and Final Offer), you get commitment from your prospect the deal is no longer competitive, but financial.

Again, note what is happening right now in Atlanta/GA. Do you see this occurring in any other of the 19 finalists? No.

Connect the dots....

From yesterday.

[Artemis]

Originally Posted by Atlanta3000

Very simple.....It means all of the incentives the CoA is offering in the Agreement for the Gulch redevelopment and to CIM Group are contingent on "A Major Economic Development Opportunity" that will bring at least 40K full-time jobs and will be the relocation or the creation of a 2nd HQ for a company with a minimum of $50 Billion in revenue.

To my knowledge there is only 1 company in the world that fits this profile - AMAZON!

Note it leaves open the probability it may be a complete relocation of Amazon's HQ in Seattle - this is a major point.

I see it now!
That's a smoking gun!!!
I can't think of any other company that would fit those criteria either.
Thanks.
Now, we wait for the announcement.

[wonshirim]

Originally Posted by Atlanta3000

Lease.....Amazon probably already signed the lease is what I am saying. This is purely speculation, but it would be logical at this conjecture.

How can you say with certainty that Atlanta is the only candidate remaining? Considering the conditional clause in the document, my guess is we can't completely rule out the possibility of Atlanta and perhaps 1 other finalist duking it out.

If you have conclusive evidence that Amazon signed the 675 Peachtree lease, then it's a different story. You're speculating here though--is my reading correct?

[Atlanta3000]

Originally Posted by wonshirim

How can you say with certainty that Atlanta is the only candidate remaining? Considering the conditional clause in the document, my guess is we can't completely rule out the possibility of Atlanta and perhaps 1 other finalist duking it out.

If you have conclusive evidence that Amazon signed the 675 Peachtree lease, then it's a different story. You're speculating here though--is my reading correct?

wonshirim - 675 West Peachtree at this point is a footnote in the context to everything going on. What is happening at the Gulch is the REAL story.

[ATLSkyPalaceOwner]

Originally Posted by wonshirim

How can you say with certainty that Atlanta is the only candidate remaining? Considering the conditional clause in the document, my guess is we can't completely rule out the possibility of Atlanta and perhaps 1 other finalist duking it out.

If you have conclusive evidence that Amazon signed the 675 Peachtree lease, then it's a different story. You're speculating here though--is my reading correct?

Right - this is far from a "smoking gun" in my opinion.

[wonshirim]

Originally Posted by Atlanta3000

wonshirim - 675 West Peachtree at this point is a footnote in the context to everything going on. What is happening at the Gulch is the REAL story.

Oh okay I see your reasoning. I was saying:

if 675 Peachtree lease happened -> no other city left in the race

else -> possibility of another city remaining with their own final offer cannot be completely ruled out.

I agree you found the key evidence though. Great job man.