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EDA Packet 09.19.17
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EDA Packet 09.19.17
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12/7/2018 4:12:50 PM
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Commissions
Meeting Date
9/19/2017
Document Type
Agenda/Packets
Commission Name
EDA
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What Amazon's HQ2 Wish List Signals About the Future of Cities https://hbr.org/2017/09/what-amazons-hq2-wish-list-signals-about-the... <br />and opportunities for creative partnerships with community colleges and universities. <br />• Access to domestic and global markets through modern infrastructure. Amazon dwells extensively on the <br />importance of proximity and connectivity to population centers. It seeks a strong infrastructure network of <br />highways, international airports, and high-speed broadband to streamline logistics, conduct business, and access <br />major employment pools. <br />• Connected and sustainable placemaking. The Amazon RFP reads like an urban planner's dream, brimming <br />with calls for energy efficient buildings, recycling services, public plazas, green space, and access to multiple <br />modes of transportation. While Amazon will apparently consider greenfield sites as well as existing developments <br />for its new headquarters, it emphasizes its interest in promoting walkability and connectivity between densely <br />clustered buildings through "sidewalks, bike lanes, trams, metro, bus, light rail, train, and additional creative <br />options." <br />• Culture and diversity. Promoting an inclusive culture matters to Amazon. The RFP specifically calls for "the <br />presence and support of a diverse population," along with excellent higher education institutions and functioning <br />local governance. <br />In sum, the Amazon RFP very clearly embodies a series of forward -thinking business values of global engagement, <br />diversity, and environmental stewardship. <br />Amazon is also signaling very clearly and publicly what the market demands for modern, state -of -the -urban <br />economic development going forward. <br />As each of us has written about extensively, regional economic development is about growing from within. It <br />requires helping existing firms expand and innovate, supporting entrepreneurs, creating industry -relevant skills <br />programs, and strengthening other local assets that improve the economic prospects of local industries and workers. <br />These attributes, even more than incentives packages, will attract the attention of outside firms interested in being <br />part of a region's unique ecosystem. <br />So rather than get distracted by the city vs. city competition brought about by Amazon's announcement, state and <br />local economic development leaders need to bear down on reinventing the way they do business. Amazon's HQ2 will <br />only be located in one city, but the path to prosperity in a hyper -digital global economy is attainable for cities that <br />invest in people, infrastructure, and quality places. <br />3 of 4 9/13/2017, 1:17 PM <br />
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