Amazon Does Dallas: Texas city tops new ranking for best HQ2 location

North Texas city boasts big college population, low cost of living, no state income tax

New York /
Nov.November 14, 2017 09:18 AM

Dallas and Jeff Bezos (credit: fcn80)

Trying to figure out the best city for Amazon’s HQ2 has become a virtual cottage industry since the tech giant announced it was planning a second headquarters, and a new ranking puts Dallas at the top of the list.

The ranking put together by the Wall Street Journal ranks cities based on six factors: tech labor force, fiscal health, cost of living, college population, culture fit and state tax rank. Based on this criteria, it found that Dallas would be the ideal fit for HQ2, based partly on the lack of state income tax in Texas.

Atlanta, Chicago and Denver were the three cities that matched up most closely with Seattle, Amazon’s current home, while New York, Washington D.C. and Chicago were the three with the most tech talent.

And apologies to Austin, Minneapolis and Newark, but this latest ranking pegs the trio of cities as long shots to land Amazon’s HQ2.

Boston came in second on the overall rankings, followed by a tie between Atlanta and Washington D.C. at number three, Chicago at number four and Atlanta at number five. New York was tied for sixth with Nashville.

Although New York submitted a bid for Amazon’s second headquarters, it is generally not seen as the most ideal location for the company, with Related Companies chairman Stephen Ross saying that the city’s high cost of doing business will likely prevent them from coming here.

For a splash of cold water, take note that Dallas struggles with public transportation and doesn’t have the same quality of life appeal for millennials as other competitors. It also has a ways to go in building up a tech workforce. [WSJ] – Eddie Small


Related Articles

arrow_forward_ios
Major real estate stocks ended in negative territory this week. (Getty)
Real estate stocks, markets jittery over inflation
Real estate stocks, markets jittery over inflation
Joseph Chetrit with 427 and 459 (left) Broadway (Getty, Beyond My Ken/Wikimedia)
Chetrit Group falls behind on Soho portfolio mortgage
Chetrit Group falls behind on Soho portfolio mortgage
Joel Landau, chairman and founder of Allure Group. (Google Maps, Score NYC)
These were the top outer-borough loans last month
These were the top outer-borough loans last month
David Schonbraun (SL Green)
SL Green investment chief David Schonbraun steps down
SL Green investment chief David Schonbraun steps down
Douglas Durst with 114 West 47th Street and 1133 Sixth Avenue (Getty, Google Maps)
What tenants pay at two Durst towers in Midtown
What tenants pay at two Durst towers in Midtown
Aby Rosen and 522 Fifth Avenue (Getty, Google Maps)
RFR pitches Fifth Avenue office building as “build-to-suit” corporate HQ
RFR pitches Fifth Avenue office building as “build-to-suit” corporate HQ
Nearly half of new shops in 2021 will be dollar stores. (Getty)
2021 is raining dollar stores
2021 is raining dollar stores
National chains and mom-and-pop stores are seeing increasing sales per square foot and shrinking occupancy costs (Getty)
National chains paid 93% of rent in April
National chains paid 93% of rent in April
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...