Amazon’s Seaport Expansion Could Be A Bad Sign For Boston's Suffolk Downs HQ2 Pitch
Economic research Senior Manager Branner Stewart weighs in
From the article:
Amazon’s confirmation it will bring at least 2,000 jobs to the Seaport has many reading the tea leaves as to what this means for Boston’s HQ2 bid — and its proposed site across Boston Harbor at Suffolk Downs.
“If they do decide to do HQ2 here, they’re looking at flagship areas — namely, the Seaport and Fort Point,” UMass Donahue Institute Senior Research Manager Branner Stewart said. Cambridge’s Kendall Square, Amazon’s initial home in Boston before space constraints led the company to expand across the river, is seen as a place technology and life sciences companies need to be in order to network and attract younger, high-skilled labor. Stewart sees a similar tight-knit model rising in the Seaport. “It helps companies attract the very highest skilled labor because these types of people can interact with each other by day and by evening,” he said. “That’s the type of environment that highly skilled, often young, people would prefer to work in, as opposed to a more suburban office park.”
May 09, 2018