“After conducting a yearlong search for a second home, Amazon has switched gears and is now finalizing plans to have a total of 50,000 employees in two locations, according to people familiar with the decision-making process.
The company is nearing a deal to move to the Long Island City neighborhood of Queens, according to two of the people briefed on the discussions. Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said. Amazon already has more employees in those two areas than anywhere else outside of Seattle, its home base, and the Bay Area.”
Tim’s must reads:
Amazon Plans to Split HQ2 in Two Locations
Amazon HQ2: Here are Dallas-area sites that could still be in the running
Facebook delves into brick-and-mortar retail via Macy’s
Local:
Plano tech firm growing headquarters with more space and jobs
New Victory Park tower will be one of the tallest outside downtown Dallas
Las Colinas office campus sells to Dallas investor
Get To Know The NYC Park Expert Tasked With Activating Fair Park
First Sandman Signature Hotel Opens in Plano
Houston-Based Coworking Company Looks To Expand Nationally Through Franchising
Hines Breaks Ground on New Victory Park Tower
National:
Lowe’s to shut 51 underperforming stores in the US and Canada
Taco Bueno Files For Chapter 11 Bankruptcy Protection
Why Pressure in Japan Is Undercutting Shares of U.S. Real-Estate Companies
Sears is closing another 40 stores. Here’s a map of where they are
This map shows where Lowe’s is closing stores
Check out my featured listing this week in Tarrant County!
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
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Tim Lepore 