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Search Results for: amazon
Amazon, Incentives and Alternate Opportunity Cost
George Mason University’s Mercatus Center does not like the deals struck by Virginia and New York to split Amazon, Inc.’s $5 billion HQ2 project. In a new commentary, the market-oriented research center raises a valid consideration rarely mentioned by politicians … Continue reading
Amazon Deal Could Create 59,000 Virginia Jobs
Amazon, Inc.’s $2.5 billion investment in major new East Coast headquarters in Arlington/Alexandria will generate $14.2 billion in economic activity over the next 12 years, projects a new study by Richmond-based Chmura Economics & Analytics. While Amazon has committed to … Continue reading
Amazon’s New Home in NoVa Will Bolster Private Sector
In the lead-up to Amazon, Inc.’s announcement that it would split its massive HQ2 expansion between Northern Virginia and New York, there was considerable speculation that Northern Virginia had an edge among the 20 finalist regions due to its proximity … Continue reading
Amazon Deal Highlights Virginia’s Competitive Advantage Over Maryland
Many Virginians have qualms about the $550 million in job-creation incentives plus more than $1 billion in promised transportation and higher-ed investments it took to recruit a $2.5 billion Amazon facility to Northern Virginia. But things could be worse. Maryland … Continue reading
Posted in Economic development, Labor and Workforce, Land use & Development, Taxes, Transportation
Tagged Amazon, James A. Bacon
The Administration’s Defense of $550 Million in Amazon Employment Subsidies
Critics of Virginia’s deal with Amazon, Inc., have focused on the $550 million in job-creation subsidies as a grotesque example of corporate welfare, crony capitalism, or whatever you want to call it. I totally sympathize. The richest company in the … Continue reading
How Walkable Urbanism and the Talent Pipeline Won the Amazon Deal
More information is coming out about the wheeling and dealing behind Virginia’s incentive package that coaxed Amazon, Inc., to locate a $2.5 billion campus in Northern Virginia. It turns out that many of the key pieces in Virginia’s incentive package … Continue reading
The Political Calculations Behind the Amazon Package
Michael Martz has done an excellent job reporting on the political factors that shaped the incentive package that induced Amazon, Inc., to select Crystal City-Potomac Yard in Northern Virginia along with New York City to co-host its massive expansion. The article … Continue reading
Amazon Deal Sets a New Low
Posted on behalf of occasional contributor Les Schreiber: It’s interesting to see the responses to the Amazon deal. Most of what you read in Virginia-based media is positive, but in New York not so much. Many who scream about the … Continue reading
Posted in Economic development
Limits to Transparency in Amazon Deal
The Commonwealth of Virginia has set new standards of transparency in disclosing the details of its agreement with Amazon, Inc., to build a massive new facility in Arlington and Alexandria with some $2.5 billion in public inducements. But there may be … Continue reading
Dissecting Virginia’s Amazon Deal
Virginia has committed to investing a sum unprecedented for an economic development deal in the Commonwealth — roughly $2.5 billion in state and local dollars to bring Amazon, Inc. to Northern Virginia. In a presentation to the House Appropriations Committee … Continue reading
Unprecedented Details Available on Amazon Deal
The most unprecedented thing about the state and local incentive package for Amazon announced yesterday is its transparency. Never has this much detailed information been provided to the general public immediately upon announcement, outside the protection of a non-disclosure agreement, … Continue reading
Posted in Business and Economy, Economic development, Uncategorized
Tagged Amazon, Stephen D. Haner
Caution Flag on Amazon Inducements
The Virginia response to the Amazon’s 1/2 HQ2 (half of the originally proposed second headquarters) announcement is not uniformly delirious. Here are a couple of responses landing in my in-box — one from the center-left Commonwealth Institute (CI) and the … Continue reading
Amazon HQ Speculation in Full Boil
Northern Virginia is solidifying its position as the perceived front runner in the competition for Amazon’s massive HQ2 project, and Arlington’s Crystal City area looks like the front runner in Northern Virginia. The Washington Post reports that Amazon’s talks with … Continue reading
The Real Reason Why Amazon Is the Future
I’ve finally figured out what people can do when robots and AI wipe out half the occupations in the economy — they can get jobs fixing all the #$*& that doesn’t work! The last couple of months have been a … Continue reading
Could Amazon Fixation Cost Virginia $1 Billion Micron Expansion?
Will a fixation with winning Amazon.com’s massive HQ2 project cost Virginia a $1 billion expansion of the Micron Technology, Inc., plant in Manassas? It could, says a Wall Street Journal article today: When semiconductor-maker Micron Technology Inc. approached economic-development officials in Virginia about … Continue reading