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Reply to "Amazon's Reality Check for MD"
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[quote=Anonymous][quote=Anonymous]Arlington was able to out-compete [Montgomery] in terms of mass transit, recruiting potential, hotel stock, all the things that Amazon seemed to care about in this process,” said economist Anirban Basu, CEO of Sage Policy Group in Baltimore. “Of all the 20 [finalist] cities, Montgomery County will have the most difficult time turning this is into a marketing campaign. … This is a bitter pill to swallow.” He said the loss of Discovery Communications, which will soon decamp from its high-profile Silver Spring headquarters, coupled with the Amazon near-miss, amounted to a 1-2 punch, and should prompt some soul-searching north of the Potomac. But Basu believes the benefits of Amazon may not cross the river to the extent that Maryland officials and business leaders would like. “This will put Arlington County at the epicenter of e-commerce… There’s probably going to be some impact from a regional perspective. But I really believe the lion’s share of the positive economic impact will be captured in Northern Virginia itself,” he said. https://www.marylandmatters.org/2018/11/14/amazon-decision-to-skirt-maryland-a-bitter-pill-to-swallow/[/quote] Hit the nail on the head![/quote]
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