AUSTIN | Economic Development

urbancore · #1 Posted **Jan 13, 2020, 10:17 PM**

Heard a rumor to expect a BIG announcement this year (sooner than later) from a major employer. I know more, but can’t say.

If it goes down, needless to say, Austin skyline will never be the same (I know).....again. Hoping on hope.

N90 · #2 Posted **Jan 13, 2020, 10:22 PM**

I understand if you can't tell us specifics but could you answer this one question:

Will they be proposing a completely new building that we've never seen or heard of before OR are they going to be taking up office space in a proposal that we're already familiar with? (e.g. the Republic, 6XG, etc)

The answer to this question will determine the excitement level to this impending announcement.

urbancore · #3 Posted **Jan 13, 2020, 10:36 PM**

Quote:

Originally Posted by N90

I understand if you can't tell us specifics but could you answer this one question:

Will they be proposing a completely new building that we've never seen or heard of before OR are they going to be taking up office space in a proposal that we're already familiar with? (e.g. the Republic, 6XG, etc)

The answer to this question will determine the excitement level to this impending announcement.

I have no idea.....i wish i knew honestly. I'll update as I know more.

I'm just excited to add more jobs......as an 80's rural-recession era kid.....to me, jobs are everything. From what I understand, this will add a significant number of additional previously-unannounced jobs. That's all I can share for now....also.....it's just a rumor. I can't stand behind it yet.

My best guess is that, if the rumor is true, it could easily soak up what's in our dev pipeline for commercial....like all of it.

paul78701 · #4 Posted **Jan 13, 2020, 10:49 PM**

Quote:

Originally Posted by urbancore

I have no idea.....i wish i knew honestly. I'll update as I know more.

I'm just excited to add more jobs......as an 80's rural-recession era kid.....to me, jobs are everything. From what I understand, this will add a significant number of additional previously-unannounced jobs. That's all I can share for now....also.....it's just a rumor. I can't stand behind it yet.

My best guess is that, if the rumor is true, it could easily soak up what's in our dev pipeline for commercial....like all of it.

Hmm.. You're most likely talking about a tech company. Right?

I'm now wondering if Amazon will decide to do a second HQ2 location after all and just use ATX en lieu of NYC. I can't think of another potential company making an announcement that "BIG".

urbancore · #5 Posted **Jan 13, 2020, 10:55 PM**

I've started this thread with permission of the mods to keep track of announced jobs headed to Austin in the urban core, metro and combined.

Just a simple:

announcement date, employer name, #of expected new hires, date of hiring completion, link (proof)

I believe employment numbers are the #1 indicator of a healthy market which in turn translates to more skyscapers (the reason we all check this site...incessantly). I can look to the "announced" buildings with a bit more clarity if I have an idea of how many more jobs we still have to fill based on the announced numbers of 1-5 years ago.

The ATX · #6 Posted **Jan 13, 2020, 11:27 PM**

Quote:

Originally Posted by paul78701

Hmm.. You're most likely talking about a tech company. Right?

I'm now wondering if Amazon will decide to do a second HQ2 location after all and just use ATX en lieu of NYC. I can't think of another potential company making an announcement that "BIG".

I doubt that it's Amazon. Nashville seems to be picking up steam as a potential 2nd HQ2 (aka HQ3.)

We vs us · #7 Posted **Jan 13, 2020, 11:34 PM**

Salesforce?

Austin1971 · #8 Posted **Jan 13, 2020, 11:35 PM**

W

Echostatic · #9 Posted **Jan 13, 2020, 11:41 PM**

I'd say Salesforce, or whatever Amazon has been planning since they announced the 5k-job expansion for Austin after HQ2 went to DC.

N90 · #10 Posted **Jan 13, 2020, 11:44 PM**

Quote:

Originally Posted by Echostatic

I'd say Salesforce, or whatever Amazon has been planning since they announced the 5k-job expansion for Austin after HQ2 went to DC.

Did they really? I thought it was Nashville that was getting the 5k jobs from Amazon?

clubtokyo · #11 Posted **Jan 13, 2020, 11:51 PM**

I like the sound of jobs and another corporate tower

paul78701 · #12 Posted **Jan 13, 2020, 11:55 PM**

Quote:

Originally Posted by N90

Did they really? I thought it was Nashville that was getting the 5k jobs from Amazon?

Nashville got 5k to go along with the initial announcement of DC and NYC as the HQ2 winners. Amazon clearly saw something in Nashville, but it is not a well known tech hot spot. If Amazon were to decide to revive the idea of a second HQ2 location, I highly doubt Nashville would get the nod.

After the HQ2 rat race, they've been announcing jobs in Austin and elsewhere, but nothing along the lines of 5k that I'm aware of.

Tyrone Shoes · #13 Posted **Jan 14, 2020, 12:22 AM**

I know it's Delta and they're gonna focus...no wait wrong forum...sorry

BnaBreaker · #14 Posted **Jan 14, 2020, 12:44 AM**

Quote:

Originally Posted by paul78701

Nashville got 5k to go along with the initial announcement of DC and NYC as the HQ2 winners. Amazon clearly saw something in Nashville, but it is not a well known tech hot spot. If Amazon were to decide to revive the idea of a second HQ2 location, I highly doubt Nashville would get the nod.

After the HQ2 rat race, they've been announcing jobs in Austin and elsewhere, but nothing along the lines of 5k that I'm aware of.

Nothing concrete announced yet, but it has been heavily rumoured around town in Nashville that Amazon is going to add, at the very least, another 5k jobs to the city on top of the initial 5k that was announced. Their highrise campus is under construction as we speak, so we will probably know soon enough whether or not that is indeed the case if they start adding significant square footage to the buildings. We will see!

Austin1971 · #15 Posted **Jan 14, 2020, 12:56 AM**

Quote:

Originally Posted by bnabreaker

nothing concrete announced yet, but it has been heavily rumoured around town in nashville that amazon is going to add, at the very least, another 5k jobs to the city on top of the initial 5k that was announced. Their highrise campus is under construction as we speak, so we will probably know soon enough whether or not that is indeed the case if they start adding significant square footage to the buildings. We will see!

i

Jdawgboy · #16 Posted **Jan 14, 2020, 1:09 AM**

Okay time to place bets people!

I throw down a dollar that Delta will move its Corporate Headquarters from Atlanta to Austin!!!

::
(Slams above said dollar on table and looks around)::

Any takers.....?

NOT