CI VIEW: Jeff Bezos faces ire of Detroit’s Gilbert, Baltimore’s Pugh, PG’s Baker for AmazonHQ2 snub

BALTIMORE/WASHINGTON, DC (BBN) — Amazon.com, Inc. (NASDAQ:AMZN) founder and CEO Jeff Bezos is facing the wrath of Detroit’s Quicken Loans Founder and Chairman Dan Gilbert, Baltimore Mayor Catherine Pugh and Prince George’s County County Executive Rushern Baker, III for having dropped America’s most dynamic urban growth markets in favor of suburban Northern Virginia and Montgomery County, Maryland for its planned second headquarters.

[Quicken Loans and Rock Ventures LLC Founder and Chairman Dan Gilbert speaks to Capitol Intelligence/BBN using CI Glass on Amazon Second Headquarters and hosting the Democratic or Republican National Convention in Detroit The Economic Club of Washington, DC. Jan. 30, 2018]

Speaking with Capitol Intelligence/BBN following an interview by Carlyle Group co-Founder and Co-Chairman David Rubenstein at the Economic Club of Washington, DC, Quicken Loans founder and CEO Dan Gilbert said he plans to personally raise the issue with Bezos over Detroit’s exclusion from AmazonHQ2 top twenty shortlist.

According to Amazon’s pitch document, the new Amazon headquarters would create 93,000 direct and indirect jobs; a capital investment of USD 3.1 bn; and an estimated 233,000 annual hotel nights by Amazon employees.

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CI VIEW: US infrastructure under Trump the Builder is world’s greatest emerging market investment, Carlyle co-CEO UPDATE

WASHINGTON/BALTIMORE/WHITE SULPHUR SPRINGS, WV (BBN)  (Update on Feb. 11, 2018 to add comments from senior White House officials) — President Donald Trump proposed USD 1.5 trillion US infrastructure investment fund may rank him among the great builders of America:  President Abraham Lincoln with the Transcontinental Railroad; Theodore Roosevelt and the Panama Canal ; and the US Highway Interstate System of General Dwight D. Eisenhower, according to US House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA).  

Key domestic and foreign players such as Washington, DC-based The Carlyle Group and Melbourne, Australia’s Transurban Group (ASX:TCL) have taken pole position while  New York’s Blackstone, KKR and Guggenheim Partners play catch up.  

[The Carlyle Group co-CEO Glenn Youngkin on why US Infrastructure is “greatest emerging market opportunity” in the world at America’s Infrastructure Summit: A Time to Modernize at US Chamber of Commerce in Washington, DC. January 18, 2018]

The Carlyle Group co-Chief Executive Officer Glenn Youngkin said he always tells major foreign funds who love to invest in emerging markets that the “greatest  emerging market opportunity around the world today is to invest in US infrastructure.  Rule of law, accountability of a work force, the dependability of construction and we have such a nascent industry investing in something which is our greatest need . This is why we are getting so excited.”

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