I do think the concern about unforeseen infrastructure costs are warranted, especially if a city doesn't excel in urban planning or has problems with NIMBYism derailing good plans. But I think most of the cities on the shortlist are fair game and could handle a project of this scale.
Housing prices aren't solved by forcing homeowners to subsidize commercial development, either. Ml
Because a bunch of jerks in SV won't let more housing go in?
Agreed.
https://www.axios.com/the-great-stagnation-americans-stopped...
https://www.nytimes.com/2016/07/04/business/how-anti-growth-...
But bringing in Amazon is going to necessitate adding housing stock, and that just doesn't happen in like Boston that already have housing issues and rampant NIMBYism.
how did you reach that conclusion?
That's far, far from "most people". Landlords, for instance, would benefit, due to being able to charge higher rents. But everyone else in that town that rents would not benefit. And I dare say there are more renters than there are landlords.
Most people are landlords..
Everything I have seen suggests otherwise, eg. https://news.stanford.edu/2015/07/30/stadium-economics-noll-...
The area around Yankee Stadium has always been a vibrant community. Yankee stadium was built in the 1920's
Not sure that you are a new yorker with those two statements... Shea stadium was never re-zoned, so re-vitalization was never its intended goal... Yankee stadium surrounding area has gone thru the usual cycles every other nyc neighborhood has, and the stadium location is almost 100 years old!
Stadiums I think overall have a better impact, as they can create or revitalize an economic area, provide longer terms jobs, and sports teams provide back to their communities.
Amazon is on a completely different level. They will bring thousands of skilled workers, and generate trillions in economic activity. HQ2 will stand for a long time, it can completely change the trajectory of a city. There are many many issues with bringing Amazon to your city, home prices and infrastructure to name a few -- but isn't this a problem you'd rather have than not?