This Week's Dallas-Fort Worth Deal Sheet
Common Desk leased 26,500 SF in FOURTEEN5, bringing its coworking offering to Addison.
Common Desk — Addison will be the Dallas-based coworking company's seventh North Texas location. It will open in the spring on two floors of Cawley Partners' North Dallas FOURTEEN5 building in the Lower Tollway area. The coworking space will include…
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WeWork Raises $3B More From SoftBank, Now Valued At $42B
Not to be outdone by Amazon, which announced the result of its headquarters search Tuesday, WeWork has revealed that SoftBank is investing another $3B in the flexible office company, an investment that ultimately values the company at $42B. WeWork revealed…
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The Search For Amazon HQ2 Is Over. Now Comes The Hard Part
Now that Amazon has selected Crystal City in Arlington, Virginia, and Long Island City in Queens, New York, as the winners of HQ2, the real work will begin — and much of that burden does not fall on the tech giant.
After 14 months in pursuit of Amazon's massive campus and nearly $3B in economic incentives, city and state officials in the winning cities are now faced with a grueling task: to ensure there is enough housing at an affordable price to accommodate existing residents, new Amazon hires and the rash of companies and families that will migrate to the area in hopes of capitalizing on Amazon's presence.
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Amazon's Operations Center Announcement For Nashville Means Big Plans For City's Infrastructure, Housing And Hospitality
Amazon's announcement that a Downtown Nashville mixed-use project will be the site of a logistics headquarters set the city in fast forward, as planning for the booming area just leveled up by 5,000 — jobs, that is.
While Amazon's HQ2 news might have focused largely on Crystal City in Arlington and Long Island City in Queens, Nashville's $230M “Operations Center of Excellence” will bring 5,000 executive-level jobs paying wages on average of $150K annually, according to Tennessee Gov. Bill Haslam.
“This is the largest jobs announcement in the history of the state of Tennessee,” Haslam said at a press conference.
The retail giant's logistics headquarters will be at Nashville Yards, a 1.5M SF mixed-use center in Downtown with creative and Class-A office space, 1,000 residential units, 600K SF of retail and entertainment, and 1,100 hotel rooms.
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Miami To Amazon After HQ2 Snub: Call Us When You Want To Set Up A Latin American Hub
Jeff Bezos went to high school in Miami, and Florida loves to dangle its lack of state income tax in front of out-of-state businesses. But despite those factors, South Florida was unable to land Amazon's second headquarters.
But that's OK, business leaders say; the city is ripe to welcome other businesses for now, and it will be here when Amazon is ready to set up a hub for Latin American operations.
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A Curated Collection Of Interesting Reactions To Amazon's HQ2 Announcement
Amazon announced Long Island City in Queens, New York, and Crystal City in Arlington, Virginia, as the new sites for its second headquarters, a project it dubbed HQ2 when it announced a site search in September 2017.
Amazon says it will now invest a combined $5B into these markets and expects to create at least 50,000 jobs across the two new locations.
The announcement inspired varied reactions. We've selected some of the more interesting takes from Twitter.
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