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by crx087
3074 days ago
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I grew up in a small town and have a hard time understanding why it's so contentious to add another major facility in a big city like Dallas or Austin. It makes almost no impact on things like traffic or social services at a population scale. (In reality, even a HQ1 type facility is just another +0.3% for DFW or +1% for ATX, which is equivalent to hastening net growth by a few months at most.) |
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Because of those assumptions, I'm not thinking of an influx of employees being mixed among the millions of existing residents. I think it's much more likely that the HQ2 would be built in a northern suburb of Dallas, like Frisco. There are roughly 160k people in Frisco right now[0], and it's already dramatically driven up property values, commute times, restaurant wait times, and construction delays.
I might be letting my skepticism of the entire concept of an "HQ2" color my impressions of the economic impact of an HQ2, but a history of sports stadium construction in this country, and the various incentives cities have paid for them combined with the never-quite-what-was-promised results suggests to me whichever city ends up giving away a pile of money for Amazon's HQ2 will likely someday regret it.
[0] http://www.friscotexas.gov/578/Population-Estimates-Projecti...