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.

Anonymous wrote:No Bezos is stopping work in VA til 2024

If Republicans win he’s out of VA with all those jobs

Yeah ya see the guy that owns the post reads unlike Former and his band of idiots

Look you all voted in trash VA loses

More companies will follow suit.

Ask me how I know..,,

how do you know?

No Bezos is stopping work in VA til 2024

If Republicans win he’s out of VA with all those jobs

Yeah ya see the guy that owns the post reads unlike Former and his band of idiots

Look you all voted in trash VA loses

More companies will follow suit.

Ask me how I know..,,

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:At least Arlington hasn't yet had to pay Amazon any money (because hotel and office occupancy haven't hit the marks that would have qualified them for payments) -- but still, a real bait and switch after such a drawn out contest for the location.

To be fair, I don't think Amazon baited and switched anything. Who could have predicted the pandemic, which has drastically cut every company's need for corporate office space.

Still, they said they'd build the office space, and now they're either not going to or they're going to do it later. Doesn't really matter why; it's a good object lesson in why cities/counties/states should not give subsidies to Amazon.

The subsidies are paid based on employees in the office and hotel bookings. They haven't been paid because they arent hitting metrics

Anonymous wrote:

Anonymous wrote:At least Arlington hasn't yet had to pay Amazon any money (because hotel and office occupancy haven't hit the marks that would have qualified them for payments) -- but still, a real bait and switch after such a drawn out contest for the location.

To be fair, I don't think Amazon baited and switched anything. Who could have predicted the pandemic, which has drastically cut every company's need for corporate office space.

Still, they said they'd build the office space, and now they're either not going to or they're going to do it later. Doesn't really matter why; it's a good object lesson in why cities/counties/states should not give subsidies to Amazon.

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

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.

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.

Writing is so poor at the Washington Post, but at least it's nice they're reporting on it in an unbiased manner, given Bezos owns the Post.

Anonymous wrote:At least Arlington hasn't yet had to pay Amazon any money (because hotel and office occupancy haven't hit the marks that would have qualified them for payments) -- but still, a real bait and switch after such a drawn out contest for the location.

To be fair, I don't think Amazon baited and switched anything. Who could have predicted the pandemic, which has drastically cut every company's need for corporate office space.

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.

At least Arlington hasn't yet had to pay Amazon any money (because hotel and office occupancy haven't hit the marks that would have qualified them for payments) -- but still, a real bait and switch after such a drawn out contest for the location.

Anonymous wrote:They don’t need as many people. AI has eliminated many of the jobs.

It’s not even AI. It’s hybrid and remote work. You don’t need these massive offices. They are probably pausing so they can redesign the site plan. They don’t need 3 buildings. You need one building with lots of conference rooms, an all hands auditorium, and flexible individual work spaces with varying degrees of privacy. They probably only need 50% of the individual desks/offices they originally planned for with hybrid work.

Such a major change necessitates a big change to how you use the site. You can now create more communal spaces for meetings, receptions, etc. I was just in the office for two days this week. Most of my time was spent in communal meetings space. Today I’m at home and doing individual work at my desk.

I’d pause too to redesign for the new reality of work.

They don’t need as many people. AI has eliminated many of the jobs.

It’s not the end of the world for Arlington, but this is pretty wow.

https://www.washingtonpost.com/dc-md-va/2023/03/03/amazon-hq2-construction-delay-arlington/