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Bet on amazon hq2 location

Actually, that needs to be qualified somewhat—in the digital era no companies have been as closely identified with Seattle as Starbucks and Amazon. It should also be noted that Microsoft is located in Redmond, Washington but it has never really been as inextricably identified with Seattle as Starbucks and Amazon. The tyranny of local government was on full display this week.

The culprits are some greedy members of the Seattle City Council. Seeing as large companies have it, the council set out to take it. In other words, their hometown has created a very undesirable climate for business. But thanks to the digital revolution and companies like Amazon you can run a business from anywhere in the world with an Internet connection. At one point, when political parasites targeted innovative businesses at the behest of financial benefactors invariably outmoded legacy businesses, labor unions or some combination thereof they found themselves in a very problematic situation.

That is no longer the case and Amazon is looking at opening a new headquarters in an area with a more favorable economic climate. The city of Seattle tried to extract a ransom without realizing that the front door is open. It could be construed as a second headquarters—it is extremely common for massive corporations to decentralize their operations. Other bets are being placed online. Others, like Bryan Copley, co-founder of a real-estate startup in Seattle, are biding their time.

By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content. These are some of our most ambitious editorial projects. From our Obsession. Society wants more regulation of tech companies but no one knows how that looks. By Alison Griswold Reporter. October 24, This article is more than 2 years old.

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Now we extend those services and information to the internet. Making it as easy as possible to find the news and equipment that you need and want. Privacy Policy. All rights reserved. Copyright Reproduction of materials appearing on this Web site is strictly prohibited without written permission. Throughout the year, Amazon has been accepting bids and proposals from cities all over the country to choose a location for its second headquarters.

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At one point, when political parasites targeted innovative businesses at the behest of financial benefactors invariably outmoded legacy businesses, labor unions or some combination thereof they found themselves in a very problematic situation. That is no longer the case and Amazon is looking at opening a new headquarters in an area with a more favorable economic climate. The city of Seattle tried to extract a ransom without realizing that the front door is open. It could be construed as a second headquarters—it is extremely common for massive corporations to decentralize their operations.

So far as steady stream of companies have left areas like Seattle, New York and California for new homes in different cities and in some cases different countries. The Amazon move could open the floodgates wide and become the impetus for the wholesale relocation of the US tech industry. The area will need a large airport and even better, one that is easily accessible for both freight and passengers.

On a more practical level, many of the other criteria are more readily found in an area with a booming economy. They need a smart and talented workforce from which to draw. This is something of an abstract but very important component and could end up being the deciding factor between several otherwise evenly matched candidates. Making the process even less transparent—no one outside of the Amazon power elite knows exactly what the process is.

With a little over two months left in the year, interested parties are placing their bets on which city Amazon will pick. Real-estate investors are buying up property in cities they think are likely to land the new headquarters, the Wall Street Journal reported paywall on Oct. Speculators are particularly keen on the greater Washington DC metro area, which has three separate sites on the shortlist Montgomery County, Northern Virginia, and DC proper.

One real-estate portfolio manager told the Journal his firm has bought up shares in JBG Smith Properties, a real-estate investment trust that owns a significant amount of commercial real estate in Crystal City, Virginia. Analysts at Citi also reportedly said most investors they spoke with expected HQ2 to land in the Washington metro area. Other bets are being placed online.

Others, like Bryan Copley, co-founder of a real-estate startup in Seattle, are biding their time. By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content.

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It's safe to say whichever place lands Amazon HQ2 will establish itself as a leading tech hub in North America. In all, cities and regions. Bisnow reports that online gambling site Bovada is taking bets on Amazon's nationwide HQ2 search, and Northern Virginia came in as the front-runner and Washington, D.C. as the second most likely pick. Montgomery County is up there too, landing firmly in the top 10 cities at seventh place. Amazon is close to revealing the location of its new corporate headquarters. We have the odds on where HQ2 will be placed as well as when.