Seattle’s battle with reasonably priced housing: A glimpse into the longer term if Denver will get Amazon’s HQ2?

DENVER — Seattle’s metropolis council handed a head tax on massive firms to supply extra funding for reasonably priced housing, and whereas consultants mentioned it is a glimpse into the longer term for no matter metropolis receives Amazon’s second headquarters, supporters of the Denver proposal mentioned reasonably priced housing must be invested in, no matter the place the tech big decides to arrange store.

On Monday, Seattle’s metropolis council permitted the top tax on massive firms — $275 per full time worker per 12 months. The metropolis is battling reasonably priced housing as extra tech giants and enormous firms develop in Seattle. Big firms like Amazon and Starbucks aren’t happy with the brand new tax.

Experts mentioned anybody within the race for Amazon’s HQ2 needs to be intently watching Seattle and it is battle with reasonably priced housing.

Denver is at the moment in Amazon’s prime 20 checklist for HQ2. J. J. Ament is the CEO of the Metro Denver Economic Development Corporation, the group that crafted the proposal to persuade Amazon to maneuver to Denver.

Ament mentioned no matter whether or not Amazon chooses Denver or not, town must make investments in reasonably priced housing.

“Make no mistake, we need to make those investments whether they come here or not. And actually, the benefit of this kind of economic growth, it provides the resources we need to address those issues,” mentioned Ament.

Ament mentioned companies take a look at the entire bundle when deciding whether or not or to not come to Denver — the standard of the work drive, transportation, housing and training. Ament mentioned for Denver to proceed to attract in nice firms, it wants to take care of a wholesome rental and housing market.

“They do look. Do we have places for people to live and can people throughout our organization afford a good home? Are there good schools?”

Ament mentioned his group has not acquired any new updates from Amazon about whether or not it is able to decide on HQ2’s location.

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