Dealmaking: Arlington vs. San Jose

Dealmaking: Arlington vs. San Jose
Arlington (March 16, 2019)
The Arlington County Board today approved the County’s proposed direct financial incentive to Amazon, an annual pay-for-performance grant valued at approximately $23 million… News Release
Jan Jose (May 25, 2021)
San Jose officials voted late Tuesday to approve Google’s plan for a sprawling downtown campus… To secure approval for the project, Google agreed to pay a first-of-its-kind $200 million community benefit, which will see it invest in anti-displacement and job readiness programs… the company also agreed to create a $155 million community stabilization fund for job training, homelessness and affordable housing… a stark contrast to tech peers like Amazon and Tesla, which have at times asked governments to compete for business by cutting costs — as well as developers from other industries where community concessions are not the norm…SF Chronicle