Amazon

(Photos courtesy Flickr)

As word got out that Amazon may pull out of its’ planned halfquarters in New York, every single city that had a shot is discussing the potential that the virtual big box store will eventually turn its sights to one of the jilted — Dallas included.

Let’s review: In November, after nearly a year of being courted by nearly every city in the country, Amazon flipped the script and decided to divide its second headquarters site between two cities – Long Island City, New York, and Crystal City, Virginia.

But nearly immediately, many New Yorkers began voicing their resistance to the idea, saying they worried that Amazon would push up prices and rents in the neighborhood, and force existing residents out. They also criticized the incentives offered to the retail giant.

As resistance grew, The Washington Post reported Friday that Amazon was potentially thinking of walking back its plans for the New York site. (more…)

Amazon

Amazon CEO Jeff Bezos (photo courtesy Flickr)

It started with 238 cities vying for one second headquarters for online retail giant Amazon, but if reports Monday night are correct, it’s now down to two cities that will split the headquarters — and neither city is Dallas.

Instead, the headquarters will be divided between Long Island City, New York, and Crystal City, Virginia, the Wall Street Journal reported late Monday.

The $5 billion HQ2 will reportedly divide the projected 50,000 employees needed between two sites. Prognosticators with inside sources have reported for more than a week that Amazon would likely split the headquarters between the two cities. Crystal City is a suburb of Arlington, Virginia, and Long Island City is in Queens, New York.

We’ll have more tomorrow, when the company is expected to officially announce its decision, including reaction from local leaders.

This morning, Bloomberg News is reporting that anonymous insiders are saying Amazon is close to finalizing its selection for its second headquarters (which are set to be officially announced by the end of the year). The winners of the pay-for-play beauty contest are reportedly Crystal City, Virginia, outside Washington, D.C., and in the New York City borough of Queens on Long Island. Obviously, Amazon remains mum on the deal.

This latest news comes via three separate reports.  The Wall Street Journal reported Amazon was splitting its “gift” in two. The New York Times who outed Long Island City as one of the “winners” while the Washington Post identified Crystal City. The splitting of this baby is seen as Amazon’s attempt to mitigate backlash from what many see as the problems Amazon will bring for a city’s existing residents – “a problem shared is a problem halved” and all that.

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Which cities are still in the running for Amazon’s second headquarters? Which cities were atop a list of most affordable places to relocate? Is Texas a job-creating, relocation friendly state?

We answer all this and more in this week’s roundup of real estate news.

DALLAS IN LATE STAGE TALKS WITH AMAZON

Dallas is among three cities still in the running for Amazon’s $5 billion second headquarters, according to a Wall Street Journal story.

Dallas is one of 20 cities of more than 200 that made pitches to the retail giant and then made it through to another round. The WSJ story said that Amazon was talking to New York; Crystal City, Virginia; and Dallas.

The story also revealed that insiders are saying that Crystal City is the odds-on favorite. However, speculation regarding Dallas has increased since the sale of the former Dallas Morning News headquarters. (more…)

The Allwood Bella Tiny Home – Available through Amazon.com. Photo: Amazon.com

Just when you think you have your life under control, things change. After attending the Les Dames d’Escoffier International Conference in Seattle last week, this Lifestylist® realized that lifestyles and trends are changing faster than I thought. Being in the city where Amazon morphed from a dream to a company that has changed the way we shop made me realize that there are very few things that you can’t buy on their site. They even have Amazon Go stores that allow you to stop in and pick up a sandwich or a drink through their app and you never have to show a credit card or cash. Now you can buy luxury appliances, a tiny home and almost everything you need to furnish the home you just bought with a click of your mouse.

Amazon debuts one of it’s first Amazon Go shops in downtown Seattle. Photo: Lisa Stewart Photography

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Amazon’s announcement that it would hike its minimum wage to $15 company-wide came on the heels of a Dallas-related announcement (no, not THAT one) last week that will add about 1,500 new jobs in west Dallas (photo courtesy Flickr).

Wednesday, Amazon announced that it would adopt a $15 minimum wage company-wide, and the news couldn’t have been more welcome for Dallas city councilman Omar Narvaez, who had a prime Amazon announcement of his own last week.

“Breaking District 6 News,” he wrote on Facebook. “Thank you to my colleagues for unanimously approving the following economic development deal for D6.”

That deal? A new Amazon distribution warehouse at Chalk Hill Road and I-30, bringing 1,500 full-time jobs to the area. (more…)

The Standard’s COO Logan Nichols (left) and founder Zach De Bernardi hope partnering with Amazon will help grow their firm’s brand.

The Standard Real Estate announced a new partnership with Amazon to create a custom digital store. Under the setup, clients will have new options for purchasing home necessities and furniture.

“We are focusing on making the best of technology and being forward thinking,” founder and chief executive officer Zach De Bernardi said. “Amazon is everywhere so it makes sense for us to try and work with one of the bigger brands. It’s just one more added benefit that we can use to help our clients.”

De Bernardi said he was inspired after seeing similar programs implemented at two New York boutique real estate firms. He believes that partnering with Amazon will help build his company’s brand and help its agents better serve clients.

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Is Dallas likely to get Amazon’s HQ2?

Right when you think that we’ve talked it absolutely to death, the Wall Street Journal had to go and breathe life into the corpse of the Amazon HQ2 story. But wait! Do all of these fancy pie charts mean what we think they mean? Is Dallas proper about to get the crown after finding ourselves at first runner up too many times?

According to the numbers (I’m not great at math, so I’m going to trust them a bit here), the big draw for Big D is all business — available labor, low taxes, and relatively affordable cost of living (for now, at least). Big points for meeting Amazon half way with college population and cultural fit (Dallas County is blue, y’all). But when it comes to fiscal health, we got low marks.

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