Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:WTF is "national landing"????
So Amazon gets to just rename Crystal City without even asking anyone ?
Yeah, that's odd. Makes no sense, Crystal City sounds way cooler.
Crystal City sounds like a strip club. National Landing isn't that bad.
National landing also sounds stripper-ish.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So what did VA give up to get Amazon to come?
23 Million Dollars in grant money
According to this, its $23M in grants, and Amazon commits $195M for improvements, and $28M more. Which is...a crapton of money.
The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.
The community and Amazon employees will benefit from the Commonwealth investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yards Metro stations; a pedestrian bridge connecting National Landing and Reagan National Airport; and work to improve safety, accessibility, and the pedestrian experience crossing Route 1 over the next 10 years. Arlington will also dedicate an estimated $28 million based on 12% of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing.
You must have missed the additional $195 million
That actually seems like an amazing deal.
Assuming Amazon delivers on its promises of 25,000 workers at $150K that's $203,000,000 in just income tax alone going to VA every year. A one time payment of $23M to score $203M every year seems like a hole in one for VA.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:WTF is "national landing"????
So Amazon gets to just rename Crystal City without even asking anyone ?
Yeah, that's odd. Makes no sense, Crystal City sounds way cooler.
National Landing will be Crystal City, Pentagon City, and Potomac Yard (in Alexandria) CC will be PART of National Landing
I HATE crystal city's name. It sounds so dated. And sort of like a strip club.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So what did VA give up to get Amazon to come?
23 Million Dollars in grant money
According to this, its $23M in grants, and Amazon commits $195M for improvements, and $28M more. Which is...a crapton of money.
The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.
The community and Amazon employees will benefit from the Commonwealth investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yards Metro stations; a pedestrian bridge connecting National Landing and Reagan National Airport; and work to improve safety, accessibility, and the pedestrian experience crossing Route 1 over the next 10 years. Arlington will also dedicate an estimated $28 million based on 12% of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing.
Anonymous wrote:Enjoy your tax hike to support Amazon. At very least you should get a free prime membership for the next 10 years.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So what did VA give up to get Amazon to come?
23 Million Dollars in grant money
According to this, its $23M in grants, and Amazon commits $195M for improvements, and $28M more. Which is...a crapton of money.
The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.
The community and Amazon employees will benefit from the Commonwealth investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yards Metro stations; a pedestrian bridge connecting National Landing and Reagan National Airport; and work to improve safety, accessibility, and the pedestrian experience crossing Route 1 over the next 10 years. Arlington will also dedicate an estimated $28 million based on 12% of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing.
Anonymous wrote:Anonymous wrote:So what did VA give up to get Amazon to come?
23 Million Dollars in grant money
Anonymous wrote:What will this actually mean for those of us already living here? Has the area been promised anything by Amazon? Are we likely to see any improvements to QOL?