Discover and read the best of Twitter Threads about #hq2

Most recents (7)

Opening session: For #HQ2, DC region had infrastructure ready: human capital + physical capital. Uniquely, the Crystal City site was *office* backfill. #ULIFall
Confirms my suspicion about readiness…
*Office* backfill matters: other touted sites were previously industrial, but that requires very different infrastructure. Unlike any other site (besides LIC) Crystal City had plug-and-play transit & workforce access.
Tim Sands: VT had shovel-ready plans for innovation campus. #HQ2 was catalyst to "pull the plan out of the drawer." New students already excited, they cite it as one reason why VT was over-enrolled this fall.

Virginia's leadership had readiness, timing, alignment, trust.
Read 12 tweets
THREAD: We’re excited to announce the launch of the Struggling Regions Initiative, in partnership with the @RockefellerFnd, to delve into the issues facing struggling regions across the U.S. and will develop new ideas to foster broader economic growth.
@RockefellerFND While a select few metropolitan areas are seeing massive growth, the rest of the country is experiencing stagnation and decay. Take the following stats:
(1)Over half of total U.S. GDP is produced by only 20 metropolitan areas. (2) The New York metropolitan area alone accounts for over 10 percent of the nation's output in any given year, and with only 6% of its population.
Read 17 tweets
1/ I'm sorry to hear Amazon and Long Island City are breaking up. It seemed like it could have been a very interesting development. Now, however...
2/ Amazon should locate 10,000 to 15,000 employees in Port Covington, Baltimore.
3/ Port Covington is 42.5 miles from #HQ2 in Crystal City, VA.
Read 11 tweets
Guess what @andrewcuomo? We're not going to stop criticizing your deal with Amazon.

You're giving up billions of dollars and thousands of affordable housing units in America's most expensive city, for a corporate investment that will have no meaningful impact on your state.
Maybe if Amazon built #HQ2 in say, Troy, rather than Queens, and actually revitalized a metro area that needs more jobs, and if you demanded a clawback provision and effective oversight, I'd be on board with incentives, @andrewcuomo.

As it is, the deal makes no sense for NY.
The problem, @andrewcuomo, is that you learned absolutely nothing from the failure of START-UP NY.

If you give businesses an open-ended tax break and don't actually require them to *do* anything substantial as a condition of getting the money, what is the damn point?
Read 3 tweets
New York is giving Amazon a tax subsidy of $48,000 per job plus a straight $325 million cash grant. Plus other incentives.
Also looks like Amazon is now predatory pricing to kill UPS and Fedex. Classic monopolizing technique.…
This is my favorite subsidy for Amazon. Small, but humiliating. "The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms."
Read 13 tweets
Amazon’s decision to take #HQ2 to D.C. and NY is about enveloping government and media, the two primary checks on concentrated power in a democracy.

It’s decision to also go to Nashville is about deflection. 1/
Jeff Bezos’s intention is to usurp the authority of government: to set the rules by which other firms are allowed to trade and to levy a tax on their trade. 2/ See:…
Bezos also intends to assume control of the government’s data and spending. Already #Amazon hosts a lot of federal data. It also controls the purchasing of many government agencies, all the way down to your local school district. 3/ See:…
Read 12 tweets
The big prize #Amazon has gotten out of its #HQ2 stunt is not the PR value of a bunch of city leaders singing its praises, or even the billions of $ in subsidies that it will extort from public coffers.

It’s the data. 1/
Dozens of cities have shared reams of data with Amazon that their own citizens do not have access to. This includes intel on future infrastructure investments, land use patterns, planned policy changes, and so on. 2/
Amazon will use this data to build out its empire: To site stores, warehouses, etc. To get in early on the right real estate. To beat out competitors because it knows things they don’t. 3/
Read 6 tweets

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