Amazon Halting Construction of HQ2 in Arlington

[Anonymous]

MoCo dodged that bullet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You wanted to work from home so say good-bye to downtown development and commercial real estate projects like this. They simply aren't sustainable with people working fully remote or only showing up to the office 1 or 2 days a week.

More WFH will mean cities like Arlington aren't going to get that boom in real estate that people were expecting with HQ2. Of course, Arlington is already pricey and will continue to be desirable, but not because of HQ2.

They have 8,000 workers. Maybe a few get culled. There is new apartments. There is new office space. There is a new Whole Foods. There is the old Costco and shopping mall. There are three metro stops. There is the Pentagon. There is the airport. These are all desirable amenities and will continue to be desirable.

ok, but many may be wfh/hybrid, and those amenities don't mean much.

And I would not want to live near an airport.

Oh, and lots of other cities have what you stated: costco, WF, shopping areas, metro stops. That is not a new thing. LOL

If you work from home, having close amenities are even more important. Run out of coffee? Just run down stairs really quick.

? ok, and you think Arlington is the only city that has those amenities? LOL

Also, I hate apt/condo living with kids.

[Anonymous]

Anonymous wrote:More concrete monstrosities for soulless, exceedingly ugly, hardscrabble sprawl NOVA are not needed.

seriously, NoVa reminds me of LA concrete jungle sometimes.

-Long time LA resident.

[Anonymous]

Anonymous wrote:MoCo dodged that bullet.

Two completed office buildings, money spent on community projects, and no subsidies actually paid. Great dodge there moco

[Anonymous]

That's awesome.

[Anonymous]

Anonymous wrote:

Anonymous wrote:MoCo dodged that bullet.

Two completed office buildings, money spent on community projects, and no subsidies actually paid. Great dodge there moco

Not to mention all the induced secondary investment. Those peoples reaction is exactly why Montgomery County is failing because they have no idea what success looks like.

They got 8,000 jobs without having to subsidize any of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You wanted to work from home so say good-bye to downtown development and commercial real estate projects like this. They simply aren't sustainable with people working fully remote or only showing up to the office 1 or 2 days a week.

More WFH will mean cities like Arlington aren't going to get that boom in real estate that people were expecting with HQ2. Of course, Arlington is already pricey and will continue to be desirable, but not because of HQ2.

They have 8,000 workers. Maybe a few get culled. There is new apartments. There is new office space. There is a new Whole Foods. There is the old Costco and shopping mall. There are three metro stops. There is the Pentagon. There is the airport. These are all desirable amenities and will continue to be desirable.

ok, but many may be wfh/hybrid, and those amenities don't mean much.

And I would not want to live near an airport.

Oh, and lots of other cities have what you stated: costco, WF, shopping areas, metro stops. That is not a new thing. LOL

If you work from home, having close amenities are even more important. Run out of coffee? Just run down stairs really quick.

? ok, and you think Arlington is the only city that has those amenities? LOL

Also, I hate apt/condo living with kids.

It depends on your age and stage of life. Amazon likes to recruit younger people early in their careers so that kind of lifestyle would appeal to them more while I agree that it wouldn’t appeal that much to the average family. If I was a young person just moving to area to start my career, Pentagon City/Crystal City looks really attractive right now, whether you work in the office full time or hybrid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You wanted to work from home so say good-bye to downtown development and commercial real estate projects like this. They simply aren't sustainable with people working fully remote or only showing up to the office 1 or 2 days a week.

More WFH will mean cities like Arlington aren't going to get that boom in real estate that people were expecting with HQ2. Of course, Arlington is already pricey and will continue to be desirable, but not because of HQ2.

They have 8,000 workers. Maybe a few get culled. There is new apartments. There is new office space. There is a new Whole Foods. There is the old Costco and shopping mall. There are three metro stops. There is the Pentagon. There is the airport. These are all desirable amenities and will continue to be desirable.

ok, but many may be wfh/hybrid, and those amenities don't mean much.

And I would not want to live near an airport.

Oh, and lots of other cities have what you stated: costco, WF, shopping areas, metro stops. That is not a new thing. LOL

If you work from home, having close amenities are even more important. Run out of coffee? Just run down stairs really quick.

? ok, and you think Arlington is the only city that has those amenities? LOL

Also, I hate apt/condo living with kids.

It depends on your age and stage of life. Amazon likes to recruit younger people early in their careers so that kind of lifestyle would appeal to them more while I agree that it wouldn’t appeal that much to the average family. If I was a young person just moving to area to start my career, Pentagon City/Crystal City looks really attractive right now, whether you work in the office full time or hybrid.

and young people get older and when they have kids eventually move out to the burbs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You wanted to work from home so say good-bye to downtown development and commercial real estate projects like this. They simply aren't sustainable with people working fully remote or only showing up to the office 1 or 2 days a week.

More WFH will mean cities like Arlington aren't going to get that boom in real estate that people were expecting with HQ2. Of course, Arlington is already pricey and will continue to be desirable, but not because of HQ2.

They have 8,000 workers. Maybe a few get culled. There is new apartments. There is new office space. There is a new Whole Foods. There is the old Costco and shopping mall. There are three metro stops. There is the Pentagon. There is the airport. These are all desirable amenities and will continue to be desirable.

ok, but many may be wfh/hybrid, and those amenities don't mean much.

And I would not want to live near an airport.

Oh, and lots of other cities have what you stated: costco, WF, shopping areas, metro stops. That is not a new thing. LOL

If you work from home, having close amenities are even more important. Run out of coffee? Just run down stairs really quick.

? ok, and you think Arlington is the only city that has those amenities? LOL

Also, I hate apt/condo living with kids.

It depends on your age and stage of life. Amazon likes to recruit younger people early in their careers so that kind of lifestyle would appeal to them more while I agree that it wouldn’t appeal that much to the average family. If I was a young person just moving to area to start my career, Pentagon City/Crystal City looks really attractive right now, whether you work in the office full time or hybrid.

and young people get older and when they have kids eventually move out to the burbs.

That is true and it’s why they design these communities for different demographics.

[Anonymous]

My college Senior nephew interned at Amazon in Herndon last summer but only needed to go into the office 2x day per week so stayed with us in Loudoun Co about half of the summer. He roomed with another intern in Reston Town Center the rest of the time.

He signed to start full time this July after he graduates. Right now he plans to get an apartment closer to DC so is hopeful he gets assigned to the Arlington office so he has a shorter commute on the days he has to go in. He is really against living where a car is needed, although he loved Reston Town Center.

[Anonymous]

Alexandria got screwed too. The mayor committed to all kinds of stuff. Think we got 500K for the schools from Amazon as a trade. Justin Wilson is so bush league.

[Anonymous]

Anonymous wrote:MoCo dodged that bullet.

Hahahah. The winner here is Alexandria who paid nothing and got a VA tech campus.

[Anonymous]

Anonymous wrote:Alexandria got screwed too. The mayor committed to all kinds of stuff. Think we got 500K for the schools from Amazon as a trade. Justin Wilson is so bush league.

Justin Wilson Derangement Syndrome. Lol

[Anonymous]

Anonymous wrote:MoCo dodged that bullet.

Yeah it would have been terrible to add 7,000 private sector jobs.

[Anonymous]

Oh happy day!